Financing
Financing Information
Don’s Mobile Homes offers several ways to apply for a loan online. These finance companies offer different loan programs, but Don’s Mobile homes does not recommend applying to all of them at once, because of the impact that it will have on your credit scores. If you are unsure which company to apply to, please call or email us and discuss what kind of financing you are needing. Some of the different types of loan programs available are as follows: Home Only (new & used) cash down payments as low as 5%; Land-in-lieu of cash down payment (when you already own your land); Land/Home Financing (when you need to finance the purchase of land and a Manufactured Home, and any site improvements); Land/Home Financing includes FHA, VA, and Native American Loans.
Common Sense Lending: commonsenselending.com (make sure to use Don's Mobile Homes as Retailer)
21st Mortgage: apply.21stmortgage.com
Cascade: use QR Code below
Triad: triadfs.com(make sure to use Don’s Mobile Homes as Seller)
CIS: cishomeloans.com (make sure to use Don’s Mobile Homes as Seller)
You can still print an application from our website, fill it out, and return to us (via fax or email), and we will process it for you. Simply click the button below to get started.
We can finance any of the following types of transactions:
Home Only: This type of loan uses only the home as collateral. The home may be located in a park, on your land or on third-party land.
Home and Land: This type of loan allows you to finance your land and the home in a single payment. The land can be land you propose to purchase or land you already have under contract.
Land-In-Lieu: This type of loan allows you to use the equity you may have in your land instead of using cash for a down payment.
We offer FHA, VA, Conventional and FmHA (Farmers Home Administration) financing at the lowest rate on the market. Terms are up to 30 years. Down payments are as low as 5% on most programs.
ZERO DOWN POSSIBLE ON LAND HOME!
Consequences of Renting:
• Loss of huge tax break
• You live someplace belonging to someone else
• You pay someone else's mortgage
• No tax breaks to landlords mean higher rent
If your rent is now | In five years your rent will be (with 10% annual increase) |
$300/Month | $483/Month |
$350/Month | $564/Month |
$400/Month | $644/Month |
$450/Month | $725/Month |
$500/Month | $805/Month |
$550/Month | $885/Month |
Benefits of Owning
• Assumes 92% of first 5 years payment will go towards payment of interest only
• Assumes customer to be in 28% tax bracket.
• America's biggest and safest tax break
• Pride of ownership
• Builds equity
• Establishes credit with major lender
Monthly Payment | Monthly Tax Savings* | Net Tax Savings* | Yearly Tax Savings* | 5 Year Tax Savings* |
$250 | 64.40 | 185.60 | 772.80 | 3,864.00 |
$300 | 77.28 | 222.72 | 927.36 | 4,636.80 |
$350 | 90.16 | 259.84 | 1,081.92 | 5,409.60 |
$400 | 103.04 | 296.96 | 1,236.48 | 6,182.40 |
$450 | 115.92 | 334.08 | 1,391.04 | 6,955.20 |