by Legendary Homes | March 14, 2017 | Mortgage Lenders
Building Your Home with an FHA Construction Loan Posted by :Adam Lesner On : March 8, 2017 Category:Construction Loan, Construction Perm Loan, FHA, FHA Construction Loan, home loan Tags:construction perm loan, construction to permanent loan lenders, fha construction...
by Legendary Homes | April 16, 2015 | Modular Homes, Mortgage Lenders
Modular home is a durable and quality abode that is completed faster and priced much lower than the traditional homes. You need to communicate your personalized preferences to the contractor to receive a fully customized home. There are certain aspects you need to...
by Legendary Homes | April 12, 2015 | Modular Homes, Mortgage Lenders
The FHA loan is a government insured loan which allows a little more flexible modular home construction loan than the conventional loan. FHA loans do have a few more requirements than the conventional loan, such as mortgage insurance. The FHA loan is geared for both...
by Legendary Homes | April 11, 2015 | Modular Homes, Mortgage Lenders
Modular home buyers can buy the land on which the home will sit thru FHA loan. The Federal Housing Administration (FHA) insures both modular home loans and the land loans for people buying prefab homes. FHA Loan Funding and Insuring Before the FHA will insure the loan...
by Legendary Homes | April 10, 2015 | Modular Homes, Mortgage Lenders
Here are some facts about FHA loan for modular homes. An FHA home loan allows a low down payment Conventional lenders usually require a 20% down payment; you can pay less but are then required to buy private mortgage insurance for the lender’s benefit. That can add to...
by Legendary Homes | April 9, 2015 | Modular Homes, Mortgage Lenders
An FHA loan is a mortgage loan that is insured by the Federal Housing Administration (FHA). It has come a long way to help home buyers. An FHA loan has a number of pros and cons that you need to consider. Pros of FHA Loan Typically an FHA loan is one of the easiest...