Tag Archives: manufactured home financing

Manufactured Home Financing, Prosperity Now – Following the Money

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“Credit is the lifeblood of housing.” – Eric Belsky, then with Harvard’s Joint Center for Housing Studies.   “Pay more attention to what people do than what they say.” – Marty Lavin, JD, prior finance and GSE consultant, manufactured home lending, years of experience in manufactured home retail and land lease. Lavin is a Manufactured Housing Instiute (MHI) award winner …

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Getting More Manufactured Home Lending – Video Interview with MH Owner, Tom Fath

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Financing is always a hot topic in manufactured housing. A very common Google search is for mobile or manufactured home loans! If you want more MHLending, and want to keep it simple, jump near the end of this article to Want more access to MH loans? For those who want more details, let’s dive in with the following. Lending has …

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Dodd-Frank and Manufactured Home Financing: The Place Where Good Intentions and Unintended Consequences Collide

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The path to home ownership lay before him, smooth and attainable as never before. All Eric Powell had to do was secure a small loan. He had a steady job, a decent credit score and a wife who happened to work for a bank: What could possibly go wrong? By Jan Hollingsworth for MHLivingNews.com Christmas came a week early for the …

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Inside MH: a look at Manufactured Home Direct-to-Consumer Purchase, Refi and “Cash Out” Loans with Mountainside Financial’s Anthony Ducharme

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The popularity, understanding and appreciation of manufactured homes is growing day by day, but a key topic we’re routinely asked about is financing. As a “specialty product,” often local lenders ‘just don’t know’ enough about manufactured homes and so they can be reluctant to lend on what what they don’t understand. Thus the importance of specialty lenders in manufactured home …

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Greater Accessibility to Manufactured Home Financing in Sight

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Recently, the U.S. House Financial Services Committee acted on and passed the Preserving Access to Manufactured Housing Act (H.R. 1779). This bill would amend the loan amount thresholds under Dodd-Frank that set criteria for manufactured home loans classifying them as “high-cost.” Under current Consumer Financial Protection Bureau (CFPB) guidelines, many small loan amounts originated for manufactured home purchase are unjustly classified …

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A Breakfast with…Nancy Geer, New York Housing Association

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1) Who, What and Where: (Your name, town and your formal title at New York Housing Association, NYHA). Nancy P. Geer, Executive Director, Latham, NY   Background: (Educational/Professional snapshot before entering the factory-built housing arena, at or before the New York Housing Association – NYHA). Graduated from Ilion High School in Central New York, attended Mohawk Valley Community College and …

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