Capital Home Mortgage Auburn

Auburn Manufactured Home Loans

Manufactured home Lender Auburn

Manufactured Home Loans Auburn Washington

A manufactured home is a residential structure created off-site in a factory setting, then transported to its permanent location and placed on a foundation. A manufactured home is a factory-made home constructed after June 15, 1976, according to a more technical definition. On that date, the United States Department of Housing and Urban Development (HUD) established the federal regulations governing the construction of mobile homes.

Manufactured, Mobile, and Modular Homes

Before 1976, mobile homes were mass-produced in response to the desire for inexpensive, movable housing, but building criteria were not regulated. Beginning in the early 1900s, people needed to relocate to wherever work was available to support their families, and thus the mobile house was born.

The design of these earliest mobile homes resembled that of a modern camper or trailer, with an exposed trailer coupler and wheels that made the house easily moveable. Typically, the residence was constructed on steel I-beams that ran end-to-end and could be installed on concrete blocks, wooden blocks, metal supports, or a concrete foundation at the chosen site.

Although the term “mobile home” is still popular outside the federal government, HUD guidelines have classified all mobile, factory-built housing types as manufactured. The department details the energy, wind, and snow requirements for this type of dwelling.

Modular homes are made in sections, then moved to the building site and put together. Even though parts of the house were made ahead of time, the components, or modules, are put together during construction just like in a regular house.

Modular homes, like manufactured homes, are produced in a factory and then moved to the home site. The primary distinction between manufactured and modular homes is that manufactured homes are constructed per the national HUD code. In contrast, modular homes are built following all applicable state and local building requirements.

Financing A Manufactured Home

Financing the construction of a mobile house might be challenging, but a construction loan could ease your financial burden. Once construction and inspections are complete, a construction-to-permanent loan will convert into a mortgage loan. The conventional credit score and down payment for construction loans are 620 and 20%, respectively.

HUD Title I loan may be utilized for purchasing or refinancing a manufactured home, a developed lot on which to place a manufactured home or both. The home must serve as the borrower’s primary residence.

For Title I loans, the person taking out the loan doesn’t have to buy or own the land where their manufactured home will be put. Instead, borrowers can rent a lot, like a site lot in a mobile home park or manufactured home community. When the land or lot is leased, HUD requires the lessor to give the manufactured homeowner an initial lease term of 3 years. Also, the lease must say that if the lease is going to end, the homeowner will get written notice at least 180 days before the end. These lease terms are meant to protect homeowners in case the landowners sell the land or close the park.

Apply For A Manufactured Home Loan

Purchasing a manufactured home is a safe and reasonable path to homeownership for those on the lower end of the pricing spectrum.

Contact one of our loan specialists at Capital Home Mortgage immediately at (253) 528-4417 if you believe a manufactured home loan may be your best option. You can rely on our mortgage specialists to provide trustworthy, sincere advice regarding any aspect of mortgages.

Why Auburn HomeBuyers are Choosing Capital Home Mortgage
Close On Time

Complete Control from Application to Funding

Low Rates & Low Fees

Direct Lender with Competitive Rates & Low Fees

Exceptional Service

7  Day a Week Support Application to Final Payment

Auburn Washington Mortgage Rates

Have you ever wondered why interests rates are what they are and what determines the final rate?  Why borrowers receive different interest rates? Or why rates go up and down?  Interest Rates are calculated using several factors.

  • Demand for mortgage Securities
  • Property securing the mortgage
  • occupancy of the property
  • Loan to value of the property
  • Borrower’s credit worthiness
Auburn Mortgage Programs

Auburn Home Purchase

Thinking of Buying an Auburn Home?

Looking to Purchase a Home? We have the loan program for you… Call today to speak with a loan officer to discuss your personal mortgage options.

  • Primary, Secondary, Investment
  • FHA, VA, USDA, Native American
  • Conventional, Jumbo, Non QM
  • Reverse, Renovation, Manufactured

Auburn renovation home loans

Looking to Rehab an Auburn Home?

Want the Charm of an Older Neighborhood? But want a new place or a fresh look? Why not look at a renovation loan?  Purchase the Perfect Home and make it your own. Call today.

  • Remodel, Renovate or Repairs
  • FHA 203K Streamline or full
  • fannie mae homestyle reno
  • freddie mac home choice reno

Auburn FHA Home Loans

Great for 1st Time Auburn Homebuyers

FHA Home Loans are great for first time home buyers, buyers with less than perfect credit, or buyers needing less out of pocket.   Call today to get started.

  • Smaller Down Payment
  • Flexible Underwriting
  • Higher Debt to Income Ratios
  • Lower Credit Scores OK

Auburn VA Home Loans

100% Financing for Auburn Veterans

Proudly Serving Active Duty servicemen and women, as well as, retired and disabled veterans. Call today to speak with a VA loan officer.

  • Simply Qualifying for Veterans
  • No Down Payments Requirements
  • Lower Credit Scores Accepted
  • Manual Underwriting Allowed

Auburn Conventional Home Loans

Flexibility for Auburn Homebuyers

Conventional Home Loans are the best option for flexibility of property types and for mortgage loan terms. Call today to get speak to a Loan Officer.

  • Primary, 2nd Home, Investment
  • Great Rates & Low Fees 
  • Single Family and Multi-Family
  • Renovation Loan Programs

Auburn Jumbo Home Loans

Auburn Non Conforming Loans

Jumbo Home Loans also called Non Conforming Home Loans are great options for buyers needing financing outside of agency limits.  Call today to speak to a loan officer.

  • Primary Residence and 2nd Homes
  • Higher Loan Amounts – 3 Million
  • Great Interest Rates
  • Investor Specific Guidelines

Auburn USDA Home Loans

100% Auburn Rural Home Loans

USDA Loans are a great option for families wanting to live outside of the city.  Call today to speak with a loan officer to discuss your personal loan options.

  • Rural Properties Only
  • Primary Residence Only
  • Geographic Restrictions
  • Income REstrictions

Auburn Native American Home Loans

Auburn HUD 184 Home Loans

HUD 184 Home Loans are solely for Native American and offer a variety of benefits.  Call today to speak with a loan officer to find out more.

  • Primary Residence Only
  • Manual Underwriting for All Loans
  • No Credit Score Requirements
  • Tribal Grants Allowed

Auburn Manufactured Home Loans

Great Alternative Auburn Housing

Auburn reverse mortgages

Your Auburn Home at Work

Reverse Mortgage Loans offer seniors options to use their home’s equity for cash or to eliminate payments. Call today to get speak to a Reverse Loan Officer.

  • primary residence only
  • simple qualifying – equity based
  • credit scores not applicable
  • Minimum age 62

Auburn Non QM Home Loans

Making Auburn Mortgages Possible

Looking for Non Traditional Home Mortgage Loan?  Contact a Loan Officer Today to discuss the alternative mortgage options currently available.

  • Purchase, Rate and Term & Cash-out
  • Primary, Secondary and Investment
  • Full Doc & Bank Statements Programs
  • Corporations OK

Auburn One Time Close mortgages

Build Your Auburn Dream Home

Want to Build? But unsure of what the future looks like? Remove the risk with a One Time Close Construction Loan.  Call today to see how a OTC loan works.

  • Primary Residence Only
  • Close Once
  • Lock Rate at Contract
  • Traditional Final Mortgage

Auburn Refinance Mortgage Loans

Auburn Rate & Term Refinance

Refinancing can be a hard decision and the payback can sometimes be confusing.  Call today and let our Loan Officers walk you through the process.

  • Reduce Mortgage Term
  • Lower Monthly Payments
  • Appraisal Waivers
  • Streamline Options Available

Auburn Cash-out Home mortgages

Auburn Equity Mortgage Loans

Cash-Out Mortgage Loans make use of the equity in your home by allowing you to refinance the current mortgage and access this equity to use as you see fit.

  • Debt Consolidation
  • Investment Opportunities
  • Home Improvement
  • Vacation or Education

Auburn Washington Mortgage Team

Dale Gremillion

Sr Loan Officer
NMLS #210325

Conor Hayhurst

Branch Manager
NMLS #743506

Sam Klaburner

Sr Loan Officer
NMLS #140132

Auburn Mortgage Company Reviews

Washington Cities

Seattle Home Loans

Spokane Home Loans

Tacoma Home Loans

Vancouver Home Loans

Bellevue Home Loans

Kent Home Loans

Everett Home Loans

Renton Home Loans

Spokane Valley Home Loans

Kirkland Home Loans

Federal way Home Loans

Yakima Home Loans

Bellingham Home Loans

Auburn Home Loans

Kennewick Home Loans

Pasco Home Loans

Redmond Home Loans

Sammamish Home Loans

Marysville Home Loans

South Hill Home Loans

Lakewood Home Loans

Richland Home Loans

Shoreline Home Loans

Olympia Home Loans

Burien Home Loans

Lacey Home Loans

Bothell Home Loans

Bremerton Home Loans

Puyallup Home Loans

Edmonds Home Loans

Accessibility Toolbar