Manufactured Home Loan

Now a day it is very difficult the prospective buyers are finding the manufactured homes that is not an easy to the lender market. Most of the time the rate will be higher when they find the loan but then it is the high rates. That is the great example in the last year most of the banks have fallen their manufactured home loan this have the many high of default on the loan. Now the popular lenders mostly want the adjustable mortgage rate. At the period from3 or 4 years some loans are fixed and after that they adjustable. Now the borrower have given you for the great rate but they shocked when the rate are adjustable. At least the rate will go 7% to 13-14%, sometime the borrower tells about the lending and they have their loan but they look them and know that they cannot help them. The loan officers, the mortgage offices and the banks are present or show your facilities to the loans on daily but they do not have any idea that how and where they can help the consumer and it comes when the manufactured home loans. They have many trained and most of the time they tell about the manufactured home loan and always they can help them.