Single & Doublewide Mobile Home Financing – Downeast Credit Union
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Single & Doublewide Mobile Home Financing

Posted on August 22, 2024 | Latest News

Did you know that we offer financing for both single and doublewide mobile homes? Many financial institutions finance these types of homes at higher rates. Here at Downeast, manufactured homes that are 5 years old or newer will be priced at the secondary market rates for our stick-built homes! We also offer financing on older mobile homes based on our mobile home rates. Mobile homes must be on land that is owned or is being purchased under contract by the owner.

Plus, ask us how you can enjoy 0.50% off your new mortgage with DECU, along with a no-fee, no refinance rate reduction if rates decrease in the first 5 years of the loan.*

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Here are just a few reasons to consider Downeast:

  • Local servicing
  • Fast turnaround times – our average time to process is 38 days! 4 days less than industry average.
  • Flexible terms from 10-30 years
  • A team of experts to answer questions every step of the way

 

Our team is committed to making each transaction as seamless as possible. With local servicing, you can rest assured that your questions will be answered promptly and with care!

Check out what some of our Members had to say about their mortgage experience:


*Mortgage loyalty discount of 0.50% offered on new loans after 1/9/24. To qualify for loyalty discount, members must maintain a checking account with at least $1,000/month in direct deposits and 10 debit card transactions/month for the life of the loan. Members sign an addendum to reduce the interest rate based on qualifications; if at any time the qualifications are not met the rate will revert back to the qualifying rate. 2) For mortgages opened after 2/28/24, members may apply for a one-time, no-fee mortgage loan Rate Reduction within 5 years of the mortgage opening date, after which the 0.50% loyalty discount becomes void. All loans subject to credit approval; rates are based on credit worthiness. Terms and closing costs may vary. All Credit Union loan programs, rates, terms, and conditions are subject to change at any time without notice. The Credit Union makes loans without regard to race, religion, or other discriminatory factors. NMLS ID# 531655.