Investor mortgage financing
Manufactured Homes DSCR Loans
A DSCR loan option for investors buying or refinancing a manufactured home as a rental. Scenarios are reviewed on the property, the rental income and the borrower profile, all subject to underwriting.
What we review
Manufactured home types
Single-wide and double-wide homes can be considered as non-owner-occupied rentals, subject to underwriting.
LAND AND FOUNDATION
The home must sit on owned land and be fixed to a permanent foundation and immovable. Leased land is not eligible.
FIRST LIEN ONLY
Second liens are not offered on manufactured homes. Financing is considered as a first lien only, subject to underwriting.
PURPOSE
Purchase, rate-term refinance and cash-out refinance scenarios can be reviewed, subject to property eligibility and underwriting.
Service area
All states except North Dakota, South Dakota and Nevada, subject to property and program eligibility.
SEND US YOUR SCENARIO
Send the property address or listing, your financing goal and the expected rent. We will tell you if the scenario looks like a fit, subject to underwriting. Office Number (707) 622-2455. Direct Line (818) 269-7983.
Manufactured home DSCR questions
Quick answers on what can be considered. All loans are subject to underwriting.
No. Second liens are not offered on manufactured homes. Financing is considered as a first lien only, subject to underwriting.
The rental income is compared with the property monthly housing costs, together with the property, the land and the borrower profile, all subject to underwriting.
The property address or listing, your financing goal and the expected rent. Terms and eligibility are subject to underwriting.
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