Most lenders require a minimum down payment of 5 to 10 percent and will have loan terms ranging from 15 to 30 years.
If you are buying the manufactured home and the land together, or plan to place the home on land you already own, some financial institutions offer traditional real estate mortgages with similar interest rates. Should you be purchasing the manufactured home separately from the land on which it will be located, it will probably be financed as a personal property manufactured home loan.
FHA-insured loans are available to manufactured home buyers. If available in your area, these types of loans may offer lower interest rates or lower down payment requirements. They require more paperwork during the credit application and approval process and, therefore, may take longer for approval than a conventional loan.
If you do not have your own lender, please feel free to call us (1-661-398-0973) and our sales staff can provide you with names and phone numbers of lenders you can call to optain financing for your new manufactured home.
Set-Up Inspection
A Valley Manufactured Homes, Inc. Representative inspects the set-up of every home to assure it complies with the installation manual. Every manufacturer has set-up requirements specific to their design package that must be followed to ensure the structural integrity and lasting quality of their home.
Inspect Interior Close-Off
The quality of the interior close-off greatly affects the presentation of the home.
Warranty Service
All emergency services will be addressed promptly.
Buyers Turn to Manufactured Homes
While some Californians are fleeing the Golden State in search of more affordable housing, others lured to the beauty and great weather of Kern County are turning to an alternative.
A comparison by the Housing and Urban Development department has shown that HUD Code homes built to Wind Zone III specifications are equal in strength to site-built homes that withstand 130 mph winds.
BBB Review
Valley Manufactured Homes, Inc.
1401 Taft Hwy.
Bakersfield, CA 93307-6293
Business: 661-398-0973
Fax: 661-398-0979
E-mail: valleymfdhomes@yahoo.com
Fall/Winter Hours
(begin at Standard Time in November)
Monday - Friday 8:30 a.m. - 5:30 p.m.
Saturday - Sunday 9:00 a.m. - 4:30 p.m.
Spring/Summer Hours
(begin at Daylight Savings Time in March) Monday - Friday 8:30 a.m. - 5:30 p.m. Saturday - Sunday 9:00 a.m. - 5:00 p.m.
Financing Options
