Capital Home Mortgage, NMLS #2600684, a pioneer in residential lending solutions, announced the nationwide rollout of its comprehensive manufactured home financing program. This program marks a significant milestone in the company's mission to expand affordable housing access across America. This innovative program addresses the critical need for flexible financing options in the manufactured housing sector, offering traditional mortgage and chattel financing solutions to meet diverse buyer needs.
"In today's challenging housing market, manufactured homes represent a crucial pathway to quality, affordable homeownership," said Conor Hayhurst, Branch Manager of Capital Home Mortgage. "By launching this comprehensive financing program, we're not just offering loans – we're opening doors to homeownership for millions of Americans who traditional lending models have underserved."
The program introduces a robust suite of financing options designed to accommodate various manufactured housing scenarios. Through traditional mortgage options, qualified borrowers can access fixed-rate mortgages for manufactured homes with land, featuring terms up to 30 years and down payments as low as 3.5%. These mortgages offer competitive interest rates comparable to site-built home financing and are available for both purchase and refinance transactions.
Capital Home Mortgage's chattel loan programs provide specialized financing with flexible terms of up to 30 years for homebuyers interested in manufactured housing communities. These programs feature a streamlined approval process and accommodate single- and multi-section homes, offering competitive rates compared to traditional chattel financing options.
The company's innovative approach extends beyond conventional lending practices. Capital Home Mortgage has introduced hybrid financing options for future land purchases, special programs for energy-efficient manufactured homes, and a state-of-the-art digital application and processing platform. Dedicated manufactured housing loan specialists ensure expert guidance throughout the lending process while expedited closing processes streamline the path to homeownership.
This program launch comes at a crucial time in the housing market. With national median home prices at record levels and traditional housing inventory at historic lows, manufactured homes offer an attractive alternative. They typically cost 30-60% less per square foot than site-built homes while maintaining comparable quality and amenities.
"Our comprehensive approach to manufactured home financing reflects our understanding that every homebuyer's situation is unique," said Conor Hayhyrst, Branch Manager at Capital Home Mortgage. "Whether a buyer is looking to finance both land and home or seeking chattel financing for a home in a manufactured housing community, we have solutions designed to meet their specific needs."
Capital Home Mortgage has established partnerships with leading manufactured home retailers, communities, and industry associations to ensure seamless financing solutions. The company has invested significantly in specialized training for its loan officers, enabling them to provide expert guidance on manufactured housing options.
The program is immediately available nationwide through Capital Home Mortgage's network of licensed loan officers. Homebuyers can access digital applications through the company's website, connect with dedicated manufactured housing specialists, receive personalized rate quotes, and obtain pre-approvals within 24 hours while benefiting from streamlined processing and underwriting.
About Capital Home Mortgage
Capital Home Mortgage is at the forefront of residential lending innovation and is committed to expanding homeownership opportunities through creative financing solutions. The company's dedication to customer service, technological advancement, and inclusive lending practices has established it as a trusted leader in the mortgage industry.
For more information, contact:
Gerry Nicodemus NMLS #286371, Business Development Specialist
Capital Home Mortgage, powered by Canopy Mortgage, LLC, NMLS #1359687
Phone: (800) 804-5191
Email: gnicodemus@capitalhomemortgage.com
Website: https://capitalhomemortgage.com
Media Contact
Company Name: Capital Home Mortgage, powered by Canopy Mortgage, LLC, NMLS #1359687
Contact Person: Gerry Nicodemus NMLS #286371 Business Development Specialist
Email: Send Email
Phone: (800) 804-5191
City: Fort Walton Beach
State: FL
Country: United States
Website: https://capitalhomemortgage.com
