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MANUFACTURED HOMES - CONSTRUCTION Florida Mortgage Corporation offers a Construction Perm mortgage program with Conventional, FHA, and VA financing of NEW manufactured homes. The Construction Perm loan closes in the borrower's name, and when the construction of the home is complete, the original mortgage is modified into the permanent mortgage loan. The program is attractive to the home buyer and builder, because both parties save money eliminating double closing costs. If you own a residential lot or planning to buy one, we may be able to help. If you are a manufactured homes street dealer, call us for details. Listed below are only basic features of the manufactured homes construction permanent mortgage program. Underwriting guidelines differ depending upon type of mortgage program, property, loan, down payment, etc. Call for details. MINIMUM LOAN AMOUNT: $60,000
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