Customer Reviews

Manufactured Home Financing: How to Get the Best Deal on the Planet for Financing Your Manufactured Home

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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.

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.

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.

This book was chock full of information on how to finance a manufactured home. We learned a lot before buying our manufactured home, however unless you are in a situation where you are in a rural area and own your own land, this book will really only serve as informational. For a land-lease situation, it wasn't as focused, mainly advising it was a bad idea -but you have to determine that yourself based on your situation and opportunities. However. the book was educational and helpful in learning the lingo and scenarios that come about dealing with banks and such.

If you think that you are going to be kept out of the housing market forever, do yourself a favor and buy this book! It is so easy to read and understand, you'll feel as though the author is sitting across from you and just explaining what's what! This information is so important! Everything he says about this government program has proved to be true. I am now shopping for my brand-new, no down payment, manufactured home!