Get Affordable Financing for Homes in Forest Hollow Estates
When you rent an apartment or a house, you are not builing any equity. Suppose you have rented a house in Whitehouse or Tyler for 5 years. When you move out of your place, you have not built any equity. You have nothing to show for paying rent for 5 years.
On the other hand, let's say you bought a home. Your monthly payment is going towards building equity on the home. After you 5 years, you have paid down your loan and you own more of that house. Benefits of homeownership goes beyond building equity. It creates more stability for you and your family and it also creates better communities.
We work with various lenders who specialize in mobile home financing.
At Forest Hollow Estates, we belieive in providing homeownerhip while making it affordable for everyone. All of our available homes come with an option to help you become a homeowner. In this program, you rent the home for a period (typically between 5 to 7 years). We make sure the monthly payment is affordable and competitive with home or apartment rentals. In fact, we have seen that our monthly payment is lower than many of the apartments in the area. Then at the end of the term, the home becomes yours. All you pay is affordable lot rent and utilities.
This program is really a win-win for you and our mobile home community. You enjoy the benefit of homeownership - saving money, stability, and peace of mind. The community benefits by having residents who are committed to making it a better place.
Want to find out more about homeownership in Whitehouse, TX? Please contact us!
Visit our community and tour the home. The mobile home park is located at 602 W Main St, Whitehouse, TX.
Select a home that you are interested on our homes page. When you see a home you like, click on 'Apply Now' button. You can also submit a paper application. Our manager will provide it for you.
For safety of our residents, we do background, credit, eviction, criminal, and reference check for applicants.
We require proof of income for 3 times of the housing payments. You will have to provide pay stubs.
Had a bankruptcy before? No problem. We understand that life happens and doesn't hold previous bankruptcies against you.
Each lender views bankruptcies differently. When we submit your loan application, they will let us know