Purchasing a brand new house is such a particular expertise. We concentrate on finding the perfect mortgage for our customers. Check out our helpful calculator instruments that can assist inform your selections in the course of the residence mortgage process. Bring us your room addition plans or dream home concepts, and we’ll show you mortgage solutions that may help you get it done proper.
Below are short descriptions for every residence loan program with links to more information. Yes, you should purchase a house instantly from the house vendor and/or owner. We will provide all closing devices, to include a purchase agreement and Ohio closing statements.
Most of our customers reside in cellular house parks, manufactured residence communities or rented/household land situations. JCF Lending Group finances mobile homes, broken into three categories, manufactured homes, modular properties and park “RV” models. We can finance single and multi-part homes as follows, single part properties can be no older than 20 years. All properties must be in good situation, and should not need major repair, to include roofing, skirting, siding and carpeting.
The Ohio cellular or manufactured home should have been previously titled and cannot be a brand new home being offered by a Ohio Dealer. If the home should be financed and then moved, we’re not the lender for you. The manufacturedor cell homes that we will finance in Ohio are considered personal property, not real property and/or real estate. These houses are titled by way of Ohio Department of Motor Vehicles, and all escrow and/or closing capabilities will be handled by us, not a 3rd get together escrow company, as in real property transactions. If you’re going to go this route, it’s important to make sure you get every thing in writing. That method, the one who’s lending you cash is aware of that you just intend to hold up your finish of the discount. Just remember that when you have a contract, your good friend or member of the family might sue you to get well the money when you don’t pay.
JCF Lending Group provides a complete internal escrow service which is included together with your new mortgage. In many circumstances, shopping for a home instantly from the seller saves the vendor thousands of dollars, which may end up in a decrease selling worth, because there aren’t any realtor commissions to pay. JCF Lending Group is a manufactured residence only lender. If there is land or acreage involved in your transaction, we aren’t the lender for you. JCF just isn’t licensed in Ohio to finance land or the combination of land and manufactured house. We can solely finance the home when it has not been deeded together with land.