This book shows how to overcome one of the biggest obstacles for most moderate-income families considering the purchase of a manufactured home: obtaining favorable financing. The author explains in detail how to qualify for and obtain a loan under a little-known government-sponsored program that offers financing with no money down and the most favorable interest rates around.
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About the Author
Tony Evans is a real estate loan broker specializing in loans for moderately priced homes in rural areas. His earlier writings have been published in Mortgage Banking and other trade publications.
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Most Helpful Customer Reviews
9 of 10 people found the following review helpful:
5.0 out of 5 stars
A straightforward guide to getting the best possible deal,
By Midwest Book Review (Oregon, WI USA) - See all my reviews
This review is from: Manufactured Home Financing: How to Get the Best Deal on the Planet for Financing Your Manufactured Home (Paperback)
Loan officer Tony Evans puts his years of experience to the printed page in Manufactured Home Financing, a straightforward guide to getting the best possible deal in financing one's manufactured home. Individual chapters address the advantages of manufactured housing, how to interact with dealers and salespeople, the ins and outs of financing loans, what to do after the loan closes, important forms and documents to be aware of, and much more. An excellent resource offering insight into a little-known, government-sponsored program meant to help middle-income people achieve the dream of owning a nice home.
8 of 9 people found the following review helpful:
5.0 out of 5 stars
Must have book for the manufactured home buyer,
This review is from: Manufactured Home Financing: How to Get the Best Deal on the Planet for Financing Your Manufactured Home (Paperback)
Do you want to finance a manufactured home on land you intend to purchase and save money? Get this book! I have been a real estate agent in California for a number of years and had never heard of the Rural Housing Guaranteed Loan Program for financing manufactured housing. This book has been a real eye opener to me. The writing is lively and logical. Don't delay ordering this book-you'll be glad you did.
5 of 5 people found the following review helpful:
1.0 out of 5 stars
Mistitled Book,
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This review is from: Manufactured Home Financing: How to Get the Best Deal on the Planet for Financing Your Manufactured Home (Paperback)
I was very disappointed in this book. The title of the book should not be so all encompassing as Manufactured Home Financing-How to get the Best Deal on the Planet. It only deals with the Rural Housing Guaranteed Program. You have to be low-income, possibly moderate-income, and it's only a rural land/home loan for 30 years. I do not want a 30-year loan, so this book was useless for me, even if I qualified. I would check out the program in your state before you invested any money in this book, because you might not qualify, and as I stated before, this is the ONLY financing option this book covers. Also, he had some very positive statements regarding manufactured housing vs. site-built in Chapter Two that just aren't true according to my research, and he has nothing to back them up but his word (things regarding appreciation and being easier to finance due to better insulation...etc.) Although, the book could be helpful to those who qualify for the Rural Housing Guaranteed Program, if you don't qualify or don't want a 30-year loan, it's of no value to you. Although it was interesting to know the Rural Housing Guaranteed Program exists, it wasn't worth my buying a whole book. It should be titled or subtitled more truthfully.
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Inside This Book
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First Sentence:
SO..., you're dreaming of buying a home and think: "What about a manufactured home?" A week later, you meet a friend in a grocery store, start talking, and he says he knows a dealer who can provide you with some information. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
new manufactured home, manufactured home dealer, interim lender, rural housing loans, lien claimant, lender file, lien waiver, approval list, manufactured homes, gross monthly income, modular homes Key Phrases - Capitalized Phrases (CAPs): (learn more)
Rural Development, Land Home Services, United States, Sierra Pacific Home Loans, Macon County, Sample Termite Soil Treatment Guarantee New!
Books on Related Topics | Concordance | Text Stats Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
SO..., you're dreaming of buying a home and think: "What about a manufactured home?" A week later, you meet a friend in a grocery store, start talking, and he says he knows a dealer who can provide you with some information. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
new manufactured home, manufactured home dealer, interim lender, rural housing loans, lien claimant, lender file, lien waiver, approval list, manufactured homes, gross monthly income, modular homes Key Phrases - Capitalized Phrases (CAPs): (learn more)
Rural Development, Land Home Services, United States, Sierra Pacific Home Loans, Macon County, Sample Termite Soil Treatment Guarantee New!
Books on Related Topics | Concordance | Text Stats Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
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