Where to Find Lenders for Modular Home Financing in Jackson, Michigan
Modular Home Floor Plan
Modular home is built in sections in a factory setting, indoors, where they are never subjected to adverse weather conditions. The sections move through the factory, with the company’s quality control department checking them after every step. Finished modules are covered for protection, and then transported to your home site. They are placed on a pre-made foundation, joined, and completed by your local builder.
Modular Home Financing
In Jackson, Michigan securing the best modular home financing can be a challenge. Very few lenders will provide progress payments for transportable homes and modular home construction. That is why Legendary Homes Inc. has simplified the process and can offer clients the modular home financing options to put back progress payments until the construction of a modular home is complete, saving you thousands in interest costs.
Our lending partners at Premiere Home Mortgage have access to some of the best options available for financing modular homes in MI. The focus of our partnership is helping those individuals and families that are buying a home in need of renovation, purchasing a new modular or manufactured home or remodeling their current residence. We offer loans that most mortgage companies do not tender and that few can provide with excellent customer service.
You can get pre-qualified from any of the many lenders who do modular construction loans. There are lenders who specialize in modular construction loans and have features about their construction loans that are important such as one closing and up to 95% financing including land.
Please keep in mind when choosing a lender that the modular home is to be paid upon delivery to your site, not upon installation to the foundation. We recommend you are in a 12 month construction loan starting the day you receive your building permit. We also recommend using one of our referred lenders as they are familiar with our construction process, which makes your project run smoother for all involved.
In case you still have question about modular homes, you may contact Legendary Homes Inc in Jackson, Michigan. A representative will be happy to assist you. Meanwhile you can check our modular home price sheets by signing up to our blog
Topic: Modular Home Financing
