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Buying – Park Homes – Because of the unique legal tenure of park homes and because you are not actually buying any interest in the land on which the park home is situated, most conventional high street mortgage lenders would not provide you with finance.
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Manufactured Home Dealer Programs – This is a home only product with added collateral. (Land must be in customer’s name prior to closing. No land improvements may be financed, only hook-ups.) Park Model Home Program. Available in select states, offers financing for ‘Park Model’ homes for vacation purposes in resort and camping locations in parks.
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Is equity release still a dirty word? – This is known as a home reversion plan. These days 99% of equity release products are based on a different model: a lifetime mortgage. interest rates, and how long you will live. "We can’t do.
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Credit Application | Park Lane Finance Solutions – If you would like to download the application to be completed by hand, CLICK HERE FOR. We are happy to review your application and provide a credit decision as soon as possible. We will not know. Used "Park Model"; Not sure yet. Park Lane will consider homes manufactured from 1976 to present. We cannot lend.