Mobile and Modular Homes

Both modular and mobile homes are assessed the same way a New Haven Mortgage Corporation. Firstly, the building must be on concrete (either poured or block), as no slab foundations are considered.

Secondly, the location and property value are important. New Haven lends between 65% to 75% loan to value on this type of home.

In major urban centers, New Haven will often lend up to 80% of the Loan to Value on first, second, or third mortgages

In rural areas, New Haven will often lend up to 70% of the Loan to Value on first, second, or third mortgages. (Some Exceptions Apply).

No formal credit or income requirements required.