Georgia is a state with old-world charm that can be found around every corner. From Atlanta to Savannah, wonderful cities and communities are abundant, both big and small, making "The Peach State" one that will appeal to people of all ages. And with unmatched allure, there's also plenty to do. From setting your sights on famous works of art at the High Museum of Art to taking a stroll through the Savannah Historic District and finding a delicious meal at a town staple, this southeastern state is truly one of a kind.
Now, if you're looking to call Georgia home, you'll be pleased to know that many housing opportunities are available — the most popular being mobile homes. Since their debut in the early 1870s, mobile homes have come a long way in appearance and functionality — so much so that some are even mistaken for traditional "stick-built" homes. Many first-time homeowners are eyeing mobile homes as their primary desired form of housing based on their attainability and flexibility.
If you're looking for mobile home loans in Georgia, Cascade Financial Services is here to help.
A mobile home loan is a loan taken out to purchase a mobile home, a type of property built in a climate-controlled factory and later attached to the land, unlike a traditional "stick-built" house. And when it comes to mobile home financing options, there are different types of mobile home loans available, but the terms can vary based on both the lender and the borrower's needs.
When taking out a mobile home loan, shopping around and comparing rates from different mobile home lenders is important. And, of course, you should also ensure you understand the terms and conditions before signing any paperwork. Luckily, the mobile home mortgage lenders at Cascade Financial Services are here to help make the process as smooth and transparent as possible, helping to make your dream of becoming a homeowner much more attainable.
For a home to qualify for a mobile home loan in Georgia, the home must be considered a manufactured home as defined by the federal government. This means that the home must have been built in a climate-controlled factory after June 15, 1976, be at least 400 square feet, and then transported to its current location. The home must also be permanently affixed to the land it sits on (and the loan must cover the land), cannot be located in a mobile home park, and have all the same amenities as a traditional home, such as running water and electricity.
If you're unsure if the home you're interested in qualifies, you can always check with your mobile home loan specialist at Cascade or the Georgia Department of Community Affairs.
If the home you're looking to finance meets Georgia's qualifications for a mobile home, you'll need to know what's required to get approved for a loan. Depending on the type of mobile home loan you're applying for, here's what you'll need to have readily available:
While these requirements may look daunting at first glance when financing a mobile home, it's important to know that your mobile home loan specialist at Cascade will help walk you through the process. Your specialist will explain anything that may pose uncertainty, helping you achieve your goals.
At Cascade Financial Services, we understand that not everyone is in the market for a brand new home. That's why we offer used mobile home financing in Georgia, as well as new. These programs are naturally more restrictive. For example, a used mobile home can only be financed if it is permanently attached to land (or is able to be affixed) and it has not been previously moved. Veterans may qualify for an exception if the property has been moved. We work with all credit types and financial histories to attain the financing applicants will need for their dream home.
You have options if you're looking for mobile home loans in Georgia. Several types of loans are available, and each has its own set of terms and conditions. Here's a quick overview of the different loan types you could be eligible for:
If you're looking to finance a mobile home in Georgia, the knowledgeable team at Cascade Financial Services is here to help. Since 1999, the mobile home lenders at Cascade have made it their mission to serve the American dream through attainable homeownership and have done so ever since.