Mountainside Financial offers a wide variety mobile and manufactured home financing and refinancing options. Our experienced loan officers will help you by putting together the program that will be the most beneficial to you based upon your needs. Depending on your credit, the term of the loan and the size of your home, programs and rates will vary.
By refinancing your current mobile home loan, you will lower your interest rate and pay thousands less for your home loan. Most of the money you pay out to the bank for your current loan goes towards interest only. When you refinance, you will keep more of your money in your pocket where it belongs.
Low Fixed Rates
No Pre-Payment Penalties
Reduce your Monthly Payment
Shorten the Term of Your Loan
Add or Remove Spouse From Ownership of Home
Skip A Month’s Payment
5% Down Purchase Programs
Gifted Down Payments
Purchase a home at the lowest rates available
Provide a debt consolidation/cash-out loan
Lower your monthly payment
Reduce the term of your loan
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Program #1
Purchase programs
We offer up to 95% financing towards the purchase of a pre-owned home.
With terms as short as seven years or as long twenty-five.
We offer gifted down paymnents as well payments made in lieu of the down payment.
Closing costs can be included in the loan.
Minimum loan amounts of $20,000
Program #2
Monthly Payment Savings
Lower your monthly payment without extending the length of your existing loan.
You can stop paying additional interest to your current bank and put the money
back in your pocket, where it belongs
Program #3
Term Reduction
Shorten the length of your loan by continuing to make the same payment you have
always made. Build equity in your home faster by having more of your payment
being applied to your balance instead of just paying interest.
Program #4
Cash-out or Debt Consolodation
You can use this program to pay off bills,
consolidate credit card debt or do home improvements.
Here is what one of our satisfied clients had to say about their new home loan:
“I couldn't believe the savings when I chose the Term Reduction Program.
Mountainside was able to keep my payment the same and eliminate 8 years
off the current loan. The savings was over $50,000 in interest.
I finally can see some of my payment going towards principal."
- John, Missouri
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How a mobile home refinance works, start to
finish
• Once you have completed a brief application,
we will work to obtain the best rate and
program options tailored to fit your individual needs.
• Next a loan officer will contact you to describe the programs
available and discuss further
any specific details regarding your refinance process.
• All banks will require certain documentation to verify
information that was submitted on
your application. The following are examples of stipulation
the banks may ask for but are
certainly not limited to this list.
•
Current pay stubs or other income verification
•
W-2’s
•
Written verification of employment
•
Copy of title and/or contract to home
•
Park lease agreements
•
Driver’s license
•
Certification of whether your property resides in a flood zone
will also need to be
completed
at this time as well as verification that the value of your home
is within
the
banks guidelines.
