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So, it’s easier for someone to finance it through a personal loan, contrary to a mortgage or some special loan. You’re usually not required to provide collateral for a personal loan. IDX listing data provided courtesy of Consolidated MLS - Columbia, SC The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. It is best to contact a lender about a mobile home loan when you start to look for a new home. They are going to go over your finances with you and tell you the amount you are pre-approved for.
An example of this would be if you own your land outright, or if your home is on family or friend's land. Please note that eLEND only offers South Carolina mobile home loans for singlewide or doublewide manufactured homes on owned land. With competitive rates and a team of home loan specialists at your service, more and more South Carolinians are discovering how easy it can be to finance a mobile home with eLEND. Mobile Home Loans– Interested in purchasing a doublewide mobile or manufactured home or refinancing your singlewide? We offer excellent South Carolina mobile home loans throughout the State with low rates and competitive terms.
CAROLINA MOBILE HOME LOANS BY
You may even be able to situate your manufactured home on top of a permanent foundation or basement depending on the location. At CIS Moving Home, we’re committed to helping you buy the home of your dreams on your timeline. We make securing a manufactured home loan easy with our innovative technology that allows you to apply right from your phone.
JCF Lending Group offers SC mobile home financing for used and/or pre-owned manufactured & mobile homes. We are a home only South Carolina lender, providing manufactured & mobile home financing for homes not attached to real property by way of deed or title. You may also qualify for a JCF Lending Group SC mobile home finance loan if your home and land are not tied together by deed or title. JCF is a unique lender in that we only finance the manufactured, mobile, or modular home, not the land it sits on.
South Carolina Manufactured or South Carolina Mobile Home In-Park Loans
We are also pleased to offer a free mobile purchase agreement along with South Carolina State Titling Forms. From singlewide homes in Myrtle Beach to a stick-built home in Columbia and everywhere else in The Palmetto State, eLEND is proud to offer home loans in the state of South Carolina. Mobile homes are becoming increasingly popular with the millennial generation and families looking for an affordable alternative. Not everyone can afford a traditional home however, for most it’s an affordable housing option that’s worth exploring in the current real estate market. A mobile home can be a great investment with the right financing. Take a look at all these financing options, consider the interest rates and what benefits they offer, and carefully decide which one is right for you.
We work for you & not the bank, and we offer wholesale mortgage rates, which are lower than retail rates. Not to mention, we offer a wide variety of loan options, so you are not stuck with one set of restrictive underwriting guidelines. Similar to a Title II FHA loan, if you want to buy a manufactured home and the land it sits on, you can also get a VA loan. VA loans are only available to veterans and qualifying active duty service members through the Department of Veteran’s Affairs.
Titling Your New Mobile Home
The manufacturedor mobile homes that we can finance in South Carolina are considered personal property, not real property and/or real estate. These homes are titled through South Carolina Department of Motor Vehicles, and all escrow and/or closing functions will be handled by us, not a 3rd party escrow company, as in real estate transactions. JCF Lending Group finances mobile homes, broken into three categories, manufactured homes, modular homes and park "RV" models. We can finance single and multi-section homes as follows, single section homes can be no older than 20 years. All homes must be in good condition, and must not need major repair, to include roofing, skirting, siding and carpeting.
South Carolina home sales normally take 2-3 weeks, depending on if an appraisal is required. Your South Carolina loan officer will provide you with a list of items, called stipulations, that we will need you to fax or email to us. Once we have these items and your appraisal/inspection has been completed and cleared, we will be ready to close your South Carolina mobile home financing loan.
How To Finance A Mobile Home In South Carolina
If the South Carolina Manufactured Home is in good condition and there is a sufficient amount of Equity in your home, additional programs such as an Equity Cash-Out and Debt Consolidation can be an option. Our Staff will quickly ascertain whether South Carolina Mobile Home Refinancing will be beneficial. We also have "Live Help" operators standing by 24/7, helping both existing and new customers get the answers to the questions they may have, all in real time. All persons applying must live in the home with the exception of vacation homes. In the state of South Carolina, there is a $300 cap to the sales tax you owe if you buy an energy efficient mobile home.
Unfortunately, due to Fair Lending Practices, all consumers, based on their credit worthiness and the home they wish to purchase are given the same rate and applicable fees. JCF Lending Group offers the lowest rate & fee combination in the industry. This could not be accomplished by adding thousands of dollars to your new SC mortgage to pay commissions to a mortgage broker. Indian Reservations in SC are unique as the true ownership of the land is the Tribe, similar to a Co-Op park. As the tribe grants you land, they retain the ultimate ownership of that land and access to the reservation. In the past, we have made SC financing loans in reservations with the agreement of the tribal counsel that we could enter the reservation and/or property in the event of default.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright Charleston Trident Multiple Listing Service, Inc. Before securing your loan, you should decide what type of manufactured home you’re looking for.
We offer both fixed and variable rate manufactured & mobile home financing, no pre-payment penalties, no application fees and we are proud to be an South Carolina Equal Housing Lender since 1994. Headquartered in Las Vegas, Nevada, JCF Lending Group specializes in the financing and refinancing of mobile, modular and manufactured home mortgages in all counties throughout the State of South Carolina. While not all lenders finance manufactured homes, some may offer Fannie Mae’s MH Advantage® program, which allows buyers to finance manufactured homes over 30 years with down payments as low as 3%. To qualify, however, your home will need to fit very specific criteria. We are a home only lender, providing South Carolina mobil home financing for homes not attached to real property by way of deed or title. We do not finance South Carolina mobil homes and land, just the South Carolina mobil home.
If there’s a lien on the home when you plan to de-title it, you must file an affidavit with the county’s clerk of court. Selling a mobile home in today's market can be confusing. Connect with us or submit your info below and we'll help guide you through your options anywhere in South Carolina. In this post, you’ll learn how to finance your mobile home in South Carolina.
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