21St Century Mobile Home Loans

Offered by 21st Mortgage, A Berkshire Hathaway Company Discover how we can support local business owners in maximizing their investment returns.

What is the cash program?

A more affordable route to equity and home ownership, CASH (Communities Affordable Spec Home), a program created for community operators, is a successful vacant lot solution for the customer and community. Spec models are on site when you need them. The best home ownership program currently available, it enables home inventory with no out-of-pocket costs. The purpose of housing and financial programs is to increase community sales and occupancy.

We can provide operators with accessible financing so they can occupy more space in a community. We’ll demonstrate to you how to maximize the returns on your investments, whether they be in brand-new homes, pre-owned homes, or rental properties.

Your customer’s dream is in reach. See how we can offer low down payments, low monthly payments, and affordable terms for new and used home financing for homebuyers.

We can assist you in developing cost-effective options for clients who aren’t quite ready to own by financing rental properties for your neighborhood.

Help Behind the Sale

From beginning to end, we offer both users and customers valuable assistance and direction. This includes marketing support and consumer lending support.

How The CASH Program Works

  • 01. Order

    Fill your vacant sites with no money out of pocket, including the home setup costs.

  • 02. Market the Home

    We can help by providing marketing materials.

  • 03. Sell or Rent

    Flexible option to sell or rent the home to your customer.

  • 04. Financing Support

    Dedicated, Community Account Manager to guide your customer every step of the way.

  • 05. Move In!

    Loan is complete – hand your customer the keys!

  • 06. Reorder

    That was easy! Lets do it again!

  • FAQ

    What is the oldest mobile home that can be financed?

    As we’ll explain below, a mobile home must typically have been constructed after 1976 to be eligible for a mortgage. In this situation, the operation of your loan would be nearly identical to that of financing for conventional “stick-built” homes. You would most likely obtain a mortgage that was insured by Fannie Mae, Freddie Mac, or the government.

    How high of a credit score do you need to buy a mobile home?

    To purchase a mobile home, the majority of lenders demand a minimum credit score of 580 to 620. In most cases, a credit score of 580 is required for manufactured home loans; however, you may still be eligible for financing through a special program even with a lower score, though you might have to put down more money.

    What type of loan is best for a manufactured home?

    Chattel Loans You can use a chattel loan to buy a variety of property, including cars, boats, and mobile homes. Compared to traditional mortgages, these loans frequently have shorter terms and smaller loan limits. Additionally, the collateral for the loan is the property being financed.

    Who is 21st Mortgage Backed by?

    21st Mortgage was purchased by Berkshire Hathaway in 2003.