conventional construction to perm loan

Our One Time Close Construction Loan is Now Available with Conventional Underwriting.

True to our commitment to bringing the finest manufactured home loan products to California, we are proud to introduce the new Freddie Mac Construction Conversion Loan.

Changes in California Manufactured Home Industry

Positive changes for California manufactured home buyers coming in 2019

From attitude to design to recognition by financial markets, the manufactured home industry across the nation is changing.

Making manufactured homes part of the affordable housing solution makes more sense than ever before. How will changes impact California home owners, buyers and the agents that help them?


Reasons Why Winter is a Great Time to Buy or Sell You Manufactured Home

It’s a common misconception that you shouldn’t try to buy or sell a home during the fall and winter months. This is generally considered the “offseason” in real estate. Many sellers mistakenly believe that the cold weather will keep buyers away and that no one is looking over the holidays. Unfortunately, many real estate professionals perpetuate this myth by advising their clients to “wait until the spring” to list their home.

The truth is, homes are bought and sold year round, especially in California where hard winters are not an issue. And while the market is typically quieter during the fall and winter, savvy buyers and sellers know how to use this slow down to their advantage.


"Will mobile home parks be affected by Proposition 10?"

The answer is No.

Mobile home parks are not affected by by the Costra-Hawkins Rental Housing Act.  However, rent control for mobile home parks already exists in many California jurisdictions. And we expect to see more restrictions on large mobile home park rent increases, but not because of voters.

The State of California says over 5% of the state's population lives in a mobile home or manufactured home. A large percentage of those are in land lease communities, aka mobile home parks. The home owner owns the home and leases the lot under a lease agreement with the park owner.

MH Advantage Home and Loan Program

 Announcing our first Duty to Serve Program, the Fannie Mae Advantage Program.

Conventional financing, including the Fannie 3% down option for new program certified manufactured homes that are built to modern standards, featuring amenities like garages, dormers and site built similarities. The program supports new manufactured home construction that can blend into existing neighborhoods or even support new affordable development.