Bill Meyers, Mortgage Loan Consultant                                                                Phone 239-566-8484 or toll free 877-994-9589
Marco Island FL 34145
    

 
            
         
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Low Doc Loans                                                               Mortgage Rates

               
  Manufactured Home Mortgage Rates and Payment Calculator  
  Compare rates, monthly payments  
  Enter your loan amount to calculate monthly payment  
    ï        
  Manufactured home loans available in the following states: AZ, CA, CO, FL, ID, MA, MT, NV, OR, TX, UT, and WA.  
    Rate   Points Estimated APR   Monthly Payment  
  30 year fixed rate loans 6.125% 0.000    
  15 year fixed rate loans 5.625% 0.125    
               
  Must include purchase of land            
  5% minimum down payment (mortgage insurance required if less than 20% down payment)      
  Credit scores, type of transaction, use of property and loan to value ratios may affect rates/fees  
  Some restrictions apply, all information subject to change without notice.  
  Rates based on purchase transactions, loans from $150,001 to $417,000 loan amount, call for other quotes  
  Property financed needs to be double wide manufactured 1976 or later, deeded with land.  
  Also available are 7/1 & 10/1 LIBOR adjustable rate mortgages  
  Mortgage Insurance for loans over 80% loan to value ratio is required.  
  Loans with middle credit scores below 575 not eligible  
  A manufactured home is defined as a structure built on a steel frame in compliance with
Federal Manufactured Housing Construction and Safety Standards
(effective June 16, 1976) by the Department of Housing and Urban Development
as they were in force at the time the home was manufactured.
 
     


Questions?  Call Bill Meyers toll free at  877-994-9589 or 239-566-8484 or e-mail

This website is not a solicitation for mortgage brokers
Rates vary with geographic location, lender, transaction type, credit scores and other factors
APR is abbreviation for annual percentage rate
Rates change frequently and these rates may not reflect the latest market conditions
Expressed interest rate may change or be unavailable at commitment or closing
Most rates based on primary residence, purchase transaction
Cash out refinance rates may be slightly higher
Some loans may have pre-payment penalties
Rates on some programs may require higher down payments
This is only a brief summary of rates and programs and possible fees, call for additional information on underwriting requirements
and program limitations.  Guidelines and rates posted here are general in nature and subject to change without notice. 
Rates must be locked by phone or in person.
Mortgage calculators are believed to be accurate but results are not guaranteed
All information published on this web site is believed to be accurate but cannot be guaranteed, errors may occur
This site has been built and is maintained by Bill Meyers

Bill Meyers is employed as a  mortgage loan consultant for one of the nation's largest residential lenders.  Bill works as an employee and not a mortgage broker.  This is Bill's personal web site and not the official web site of  any bank or mortgage company.  Please consider all information posted on this site to be general in nature and representative of mortgage rates and policies that may be available from various sources.  Bill is located on Marco Island Florida.  Bill can be reached on his cell phone at (239)566-8484


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