Lending Grid has a 100% focus on Mobile Home Lending and Refinancing, which means that we constantly have our finger on the pulse of the very best mobile home lending options. Many lenders and brokers say that they provide loans for manufactured homes, but they often fall apart at the last minute. Mobile homes financing is very different from traditional real estate financing, and the recent shake-up of the financial market has changed everything. Now, more than ever, is the time to go to a mobile home expert for your loan or refinance, or else you are leaving yourself open to many potential problems. We can take your application safe and secure over the phone in ten minutes, in order to get you the best rate possible.

Mobile Home Lending

Our approach to a Mobile Home Lendingis different! Most of our competitors are simply “brokers” which means they are the middleman, not the company financing the loan. They can not directly make Mobile Home Loans and have no funds to do so. This generally means you’re going to pay more for the loan and receive a higher interest rate. Lending Grid is a Mortgage Banker which means we have our own money to lend, so we can fund loans for you to purchase your Mobile Home. This cuts out the middleman and brings the savings home to you. We simply offer the lowest loan rates and fees around!

Mobile Home Refinance

Most lenders that specialize in Mobile home treat them similar to conventionally built homes and will consider refinancing a loan for mobile homeowners who already have built equity. Why would someone consider refinancing their home loan? There are some great reasons to refinance a manufactured home; lowering the current mortgage interest rate and monthly mortgage payment, paying off high interest credit cards and auto loans, paying for children or grandchildren´s college tuition, or making home improvements to maintain the value of the home. Some lenders like Lending Grid offer a low, flat rate fee. If you are looking to refinance with the lowest fees possible. Most borrowers have the option to go ahead and pay the fee(s) up front, however you can also include the fees into the new loan amount and keep out of pocket expenses as low as possible. Apply

Helpful Mortgage Lending Links

The Center for Responsible Lending - The Center for Responsible Lending is a nonprofit, nonpartisan research and policy organization dedicated to protecting homeownership and family wealth by working to eliminate abusive financial practices. CRL is affiliated with Self-Help, one of the nation's largest community development financial institutions.

HUD Predatory Lending - Over the last several years, our nation has made enormous progress in expanding access to capital for previously under served borrowers. Despite this progress, however, too many families are suffering today because of a growing incidence of abusive practices in a segment of the mortgage lending market. Predatory mortgage lending practices strip borrowers of home equity and threaten families with foreclosure, destabilizing the very communities that are beginning to enjoy the fruits of our nation’s economic success.

HUD Fair Lending - Discrimination in mortgage lending is prohibited by the federal Fair Housing Act and HUD's Office of Fair Housing and Equal Opportunity actively enforces those provisions of the law. The Fair Housing Act makes it unlawful to engage in discriminatory practices based on race, color, national origin, religion, sex, familial status or handicap (disability):

HUD Financing Manufactured Homes - HUD provides two types of consumer protection for manufactured housing. The borrower must sign a HUD Placement Certificate agreeing that the home has been installed and set-up to their satisfaction by the retailer before the lender can give the loan proceeds to the retailer.