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Thomas Martin

Address
2691 E. Oakland Park Blvd. Suite 300, Fort Lauderdale, FL, United States, 33306
Telephone
954-391-8387
Website
http://www.fhamortgageprograms.com/
Votes
1
Visited
139
Business Description
Providing FHA financing for Florida homebuyers and homeowner offering a wide range of financing options including Conventional, Sub prime, hard money, Place Good Credit and Bad credit mortgage loans.
Area Served
Providing FHA financing for homebuyers and homeowner offering a wide range of financing options including Conventional, Sub prime, hard money, Place Good Credit and Bad credit mortgage loans. FHA Lender licensed in Alabama, California, Florida, Indiana, Kentucky, Louisiana, Maryland, Mississippi, Missouri, New Mexico, Pennsylvania, South Carolina, Tennessee, Texas
Contact Name
Thomas Martin
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  Florida Singlewide and Doublewide FHA mobile and Modular home loans guidelines   The list below are guidelines and do not refer to modular homes. Modular homes are treated as Site built.  The difference between modular and manufactured/mobile homes is that modular does not have an under carriage supporting the unit such as a manufactured/mobile home.  Modular is brought to the site on a flat bed.  Manufactured/mobile is brought in on axle and wheels. Manufactured Home Checklist •1.    The customer pays real estate taxes. •2.    Wheels, axles and trailer hitches have been removed from unit. •3.    The unit does not have a Motor Vehicle Registration Number [VIN Number]. •4.    The unit (single-wide or double-wide) was built after June 15, 1976. •5.    Verification tht the HUD RED TAG is attached to property (1 for single-wide and 2 for double-wide units).  If property does not have the identifying HUD TAG(s), the home is not eligible for FHA financing.  ***SEE BELOW FOR FURTHER DETAILS*** •6.    Meets all building codes and regional FHA foundation requirements.  (Registered engineer's certification is required.)  ***SEE BELOW FOR FURTHER DETAILS*** •7.    First-time put down; not moved from another site (unit must not have been installed or occupied previously at any other site or location). •8.    The land is owned "fee simple" (or has acceptable leasehold approved by Appraisal Underwriting Department).  •9.    The footings / piers must be located below the frost line (per state code -- registered engineer must certify). •10. The unit must have a permanent perimeter foundation of poured concrete, masonry blocks, or pressure treated wood (impervious to rot and infestation). •11. If there are any additions or structural modifications to the original structure, provide an inspection by the State Administrative Agency which inspects manufactured homes for compliance.  (If no agency is willing or able to inspect the existing home for compliance to manufactured home construction and safety standards, the home is unacceptable, not eligible for FHA financing, and will be rejected.)  ***May also be done by a registered engineer.***  [i.e., a registered Professional Engineer or P.E.] •12. Must be a minimum of 400 square feet.  If less than 400 square feet, property will not be eligible for FHA financing -- no exceptions. •13. Is the home in, or to be in a flood zone A or V?  The finished grade elevation beneath the manufactured home, or if a basement is used, the lowest finished exterior grade adjacent to the perimeter enclosure, must be at or above the 100-year return frequency flood elevation.  One must provide a flood elevation certificate / survey to verify before the property can be approved. For More information on Florida Mobile home loans visit our Answers to Manufactured home Questions At www.FHAmortgagePrograms.com  
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