Compadre Mortgage Manufactured Home Prime Program for California
A chattel loan program designed to meet the unique demands of the California manufactured home market. The Compadre Prime program is an exclusive offering available for HUD Code Homes (June 1976 and newer) and Park Model Homes in land lease mobile home parks and approved Cooperative Communities.
Available for new and used purchase and refinance.
Mobile Home Loans and Manufactured Home Loans in California Mobile Home Parks
Manufactured home loans are at the core of our business. California families have trusted us with their manufactured home loan needs for years. "In Park" manufactured home loans are the key to affordable home ownership for thousands of California families and senior citizens and we are here to help.
With a suite of new and used manufactured home purchase, refinance, and mobile home replacement loan products, we can help with almost any In Park loan need.
Conventional Manufactured Home Renovation Loans
Land owned manufacrtured home are now eligible for renovation financining under the Fannie Mae HomeSytle Guidelines. The Fannie Mae HomeStyle Renovation loan allows borrowers to purchase a home that needs repairs, or refinance their existing home, and include the necessary funds for renovation in the balance of the new loan.
Land Owned Manufactured Home Loans
Manufactured homes on owned land in California are one of the most affordable home ownership options in the market. Compadre offers a complete group of conventional, government, construction and non-conforming loan products by investors that specialize in factory built home finance. Land owned manufactured purchases have unique requirements.
Our team has years of manufactured home loan underwriting and closing experience with thousands of satisfied customers. We want to help you.
One Time Close Manufactured Home Construction to Permanent Mortgage
Single close loan home construction including lot purchase. No re-qualification or second appraisal. Now underwriting conventional loans for exceptionally qualified applicants.
Own your land and are ready to build? Been talking to builders and the uncertain cost and risk with hard to locate construction loans is just too much? Manufactured Homes may be the answer. Why worry about re-qualifying or incurring additional costs? This program offers an all-in-one financing option for construction, lot purchase and permanent mortgage funding with on closing.
Manufactured Home Debt Consolidation Loans
Refinance your manufactured home in a mobile home park or approved cooperative community and inlcude high interest debt that you want to pay off.
Non-Conforming Land Owned Manufactured Home Loans
California mortgage loans for Pre-HUD mobile homes in manufactured homes that don't meet conventional or government loans guidelines.
Manufactured homes have been part of the California housing fabric for over 50 years. Many of these older homes have been remodeled and continue to hold their value. We offer financing for a few of these homes in select home owners associations and on privately owned land.