We have signed up with the largest mobile home lender in the country, 21st Mortgage, to provide extremely affordable finacing options for all of the homes for sale in Forest Hollow Estates. All of the homes for sale in Forest Hollow Estates already had very competitive price. Now with 21st Mortgage program, your monthly payments will be very attractive.
We have several homes that are currently being rehabbed. Stop by Forest Hollow to inquire about available homes and get detail on the financing program. Here is a typical scenario:
- 3 bedroom 2 bath mobile home (16x80) will be around $20,000
- You will need 5 to 10% down payment - around $1,000 to $2,000
- Your total monthly payment will be around $750 to $850
- Loan terms are between 10 to 15 years. Much shorter than a stick-built house
The terms are extremely competitive. This is designed to keep the payment low while making you a homeowner!
Here is a quick summary of what we require:
- There is no minimum credit score requirement for the loan (though we will review your credit in the community application)
- Proof income for 3 or 5 times the home payments (depending on credit)
- No eviction
- No record of crime that may pose threat to other residents, according to HUD guideline
For application or questions, please contact Anne at 903-871-7051