Mobile Home with Land Loans
- WyHy offers loans for the purchase and refinance of both new and used mobile homes with a first lien position only.
- Loan to Value: 80% of the appraised value, with at least 50% of the value being in the mobile home.
- Repayment Terms: Amortized up to 15 years with a 5 year balloon.
- Interest Rates: Based on borrower's credit score and loan to value.
- Early Payoff Penalty: None
- Processing Fees: Fees will vary and are based on loan amount and loan to value. Fees may include, but are not limited to: appraisal fee, document preparation, flood certification, origination fee, recording fee and title insurance.
- Interest: Monthly 360 day accrual.
- Monthly Payment: Payments may be made in person, through the mail, auto deduction, payroll deduction, online banking or telephone banking.
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- To apply for a loan Click Here.
