Historically, a Manufactured Home in a Flood Zone has been problematic. In addition to what ever “perceived risks” Manufactured Homes in general have posed to Lenders…the Scenario of a Manufactured / Mobile Home being located in a Flood Zone has always been a non-starter. In the past, although New Horizon Mortgage Concepts has usually been able to… Continue reading Manufactured / Mobile Homes and Flood Zones
Month: November 2015
Manufactured & Mobile Home Interest Rates Stay Low
In spite of all of the conjecture that the FED was ready to raise Interest Rates at the Federal Open Market Committee meeting last week, once again they have decided to hold off. Apparently, the “economic indicating stars” still have not aligned from the FED’s perspective. Lenders and Borrowers alike exhaled a collective sigh of relief at… Continue reading Manufactured & Mobile Home Interest Rates Stay Low