We are an immediate loan specialist in Ohio, and we are quicker and more advantageous than run of the mill retail facade banks since we're based on the web and are open constantly. No compelling reason to sit tight for "ordinary business hours" or invest energy flying out to the store — our short application can be finished in not more than minutes. You can even apply from a cell phone while you're in a hurry!
We can loan up to $500 to Ohio occupants, in view of qualifying elements. On the off chance that endorsed, your credit will be expected on your next payday that falls in the vicinity of 10 and 31 days after you get your advance. As you consider whether an advance is proper for your prompt needs, you ought to likewise investigate other subsidizing alternatives. A payday credit is a genuine budgetary duty, and not an answer for long haul issues. Getting from a companion of relative may be a superior alternative.
I can answer your question from 2 perspectives: 1. I am currently a mortgage loan officer in North and South Carolina and very familiar with credit, real estate and the housing market. 2. Not only did I used to work for Palm Harbor both in sales and setup, I also used to own a Palm Harbor Home. Let me state this... as far as manufactured hoems go, I truly believe Palm Harbor to be the best in construction and quality. Most folks do not know they are in a doublewide.. they do a fantastic job and they are tight! However, I must caution your daughter.. not so much on Palm Harbor, but on the manufactured home in general. Although I personally believe they are great homes, the general public, the real estate market and the lenders do not think that way. The manufactured housing industry has taken some hard hits. Lenders have pulled out nationwide from lending money on these homes due to the high foreclosure ratios. And contrary to someone else's response, lenders are not looking to get back into that market. When you lose millions of dollars, you learn your lesson. So, once your daughter gets approved, no matter what the sales person tells you, there may not be any better financing options available later... she may not be able to refinance the loan later. So she must accept that the payments she gets are the best she may ever get on that home. The real estate market is flooded with foreclosed manufactured homes, so the market is not allowing the mobile homes to hold their value. Most home depreciate fast because the most recent comaparable properties available sold in foreclosure for 20-30% less than yours! This is not a wise INVESTMENT. The general public sees mobile homes still as "trailers." Although nowadays they typically build a more solid home than many home builders (I have been to the factories!), the public still sees them as the old single wide metal homes that just won't go away even though they are falling down. Chances are that if your daughter can buy a manufactured home, she can buy a solid site build single family residence. Have her check with a local mortgage broker in the area that works with less than perfect credit and first time home buyers. (Believe me, we brokers can help here!) If in ohio or SC, use my link below. Although she may not get as much room for the money, the long term investment in a site built home will pay off. When she needs more room or needs to sell and move in the future, she will have a property she can sell and make money from, not a mobile home she needs to pay her way out of or be stuck in. Best of luck in your decisions.
The manufactured home industry relies on specialized financing. Most banks won't finance manufactured homes if you have low scores. I've been told this by potential lenders. The home itself is better built than many fast growth neighborhoods. Legislature is slowly recognizing the value of Manufactured homes and soon banks will follow suit. The bottom line is what she can afford to pay each month
Palm Harbor was ok by us years ago the %rate is controled by a point system bad credit more points ect there were some placement rules like a park or your land but for a dealer they were ok