
		Rates As Low As: 5.25%*

CALIFORNIA MANUFACTURED HOME FINANCING PROGRAM

JCF Lending Group offers Used California Manufactured Home Financing. We are a home only lender, providing California manufactured home financing for homes not attached to real property by way of deed or title. We do not finance manufactured homes and land, just the manufactured home. The majority of our customers live in California manufactured home parks or in leased lot communities. Below we have outlined our basic requirements and guidelines to better assist you. Meeting the below requirements does not guarantee approval. Contact customer service for more information.

PROGRAM HIGHLIGHTS

Approvals in 15 Minutes. (Phone Only)

Used California Manufactured Home Finance with as Little as 5% Down.

Terms from 7 - 25 Years.

Homes 1970 or Newer. (California - Double or Triple Wide)

Homes 15 years or Newer (California - Single Wide Only)

Minimum Loan Amount $20,000.00, Maximum Loan Amount $500,000.00.

Minimum Equifax/Beacon Credit Score 660.

All Finance Programs Offer Fixed Rates with No Prepayment Penalty.

Closing Costs Can be Financed.

Down Payment May be Gifted. (10% Minimum Down Required)

Zero Application Fees.

HOME QUALIFICATIONS

Home Can Not Need Major Repairs or Need Deferred Maintenance.

Home Must Exceed 600 Square Feet and Minimum 12 Feet Wide.

Must be Primary Residence or Vacation Home, No Rentals Allowed.

Home Must be On Existing Lot and Have Skirting with Utilities Intact.

Located on Rented/Leased Lot that is Not Tied to the Home by Deed.

Must be 1970 or Newer. (California - Double or Triple Wide).

Home 15 years or Newer (California - Single Wide Only)

Minimum Loan Amount $20,000.00. Maximum Loan Amount $500,000.00.

CUSTOMER QUALIFICATIONS

Must Be Legal U.S. Resident, with Verifiable Documentation.

Must Have 5 Year Credit History, with a Previous Car Loan.

Must Have Good to Excellent Credit. No Poor or Fair Credit.

Two Year Work History, Unless Retired. Must be Verifiable.

Cannot Be In Credit or Debt Counseling. Must be Completed.

No Bankruptcy or Foreclosure Within 4 Years of Discharge Date.

Income Must be Verifiable. (No Stated Income Programs are Available)

Minimum Down Payment is 5% of Selling Price, Depending on Year.

No Borrowed Down Payments. Source must be Seasoned Funds or Gift.

COMMON QUESTIONS

CALIFORNIA MANUFACTURED HOME FINANCING PROGRAM

Q: I See that You Must Have Good Credit. What if My Credit is Bad or Poor?
A: JCF only offers California manufactured home loans to consumers with good or excellent credit.

Q: Does JCF offer Land/Home Combination Financing?
A: No, JCF does not finance land or land & home combinations. We are a home only lender.

Q: I Want to Buy and Move a Manufactured Home onto My Property, Can JCF Help?
A: No, JCF will not finance a mobile or manufactured home that will be moved after financing.

Q: Can JCF Help me Purchase a California Manufactured Home from a Dealer?
A: Only when the Dealer is acting as a listing agent for a homeowner. We do not finance new homes or homes that are coming from the dealers inventory. If the home must be moved, we cannot help.

Q: Is there an Application Fee to Apply with JCF?
A: No. We do not charge application fees.

Q: Does JCF offer 100% California Manufactured Home Financing?
A: No. All customers must have a minimum of 5% down of the selling price. Best rates available with 20% down.

Q: Does JCF Accept Co-Signers on Their Loans?
A; No. All persons applying must live in the home with the exception of vacation homes.

Q: Do I Need a Realtor to Use JCF Lending Group?
A: No. JCF will work directly with buyers and sellers. We provide all of the closing documentation necessary.

Q: Is 3rd Party Escrow mandatory on JCF California Manufactured Home Loans?
A: Yes, in California, escrow is required. All escrow functions will be handled by a 3rd party escrow company.

Q: I Would Like to Help My Family Member Buy a California Manufactured Home. Can JCF Help?
A: No, JCF does not finance homes purchased for friends or relatives.

Q: How Long Does It Take to Be Approved for California Manufactured Home Financing?
A: By Phone in as Little as 15 minutes. Online applications take 12 – 24 hours.

Q: Are JCF's California Manufactured Home Loans Assumable?
A: No, our loans are not assumable.

Q: Are there any Pre-Payment Penalty Fees on Your California Manufactured Home Loans?
A: No, although closing costs and escrow fees are non-refundable. Our loans carry no prepayment penalties.

Q: What Terms do Your California Manufactured Home Loans Run?
A: This depends on the loan balance. Our terms run between 7 – 25 years.

Q: How Long is the Complete Process to Get a California Manufactured Home Loan?
A; From application to funding, normally occurs within -3 weeks.

Q: Is JCF Affiliated with 21st Mortgage or Vanderbilt Mortgage?
A: No. They are friendly competitors, there is no relationship present.

Q: Do Your California Manufactured Home Loans Require an Appraisal or Inspection?
A: Yes, an appraisal is always required.

If your questions have not been answered, please contact us.

We are able to offer the lowest lender direct California manufactured home loan rates possible along with a variety of California Manufactured Home Loan Programs to meet the needs of a Nation. We will easily guide you through the California manufactured home loan process, providing you with whatever level of service you require. We offer Fixed Rate financing, No Pre-Payment Penalties, No Application Fees and we are Proud to be an Equal Housing Lender.