
		Rates As Low As: 4.119%*

FLORIDA MODULAR HOME FINANCING PROGRAM

JCF Lending Group offers Used Modular Home Financing. We are a home only lender, providing Florida modular home financing for homes not attached to real property by way of deed or title. We do not finance Florida modular homes and land, just the Florida modular home. The majority of our customers live in Florida modular 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 Florida Modular Home Finance with as Little as 5% Down.

Terms from 7 - 25 Years.

Homes 1977 or Newer. (Nationwide - Single, Double or Triple Wide)

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/Owned Land that is Not Tied to the Home by Deed.

Must be 1977 or Newer. (Nationwide - Single, Double or Triple Wide).

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

FLORIDA MODULAR HOME FINANCING PROGRAM

Q: I See that You Must Have Good Credit. What if My Credit is Bad or Poor?
A: JCF only offers Florida modular 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 Florida Modular Home onto My Property, Can JCF Help?
A: No, JCF will not finance a manufactured or Florida modular home that will be moved after financing.

Q: Can JCF Help me Purchase a Florida Modular 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% Modular 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 Florida Modular Home Loans?
A: No, with the exception of Florida, where escrow is required. All escrow functions will be handled internally by JCF's Documentation Department.

Q: I Would Like to Help My Family Member Buy a Florida Modular 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 Florida Modular Home Financing?
A: By Phone in as Little as 15 minutes. Online applications take 12 – 24 hours.

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

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

Q: What Terms do Your Florida Modular 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 Florida Modular Home Loan?
A; From application to funding, normally occurs within 2-3 weeks, depending on the State.

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

Q: Do Your Florida Modular Home Loans Require an Appraisal or Inspection?
A: Yes, an inspection is always required. In some cases, an Appraisal/Inspection combination will be required.

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

We are able to offer the lowest lender direct Florida modular home loan rates possible along with a Variety of Florida Modular Home Loan Programs to meet the needs of a Nation. We will easily guide you through the Florida modular 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.