Santiago Financial, Inc.

Manufactured Home Refinance Programs

RATE AND TERM REFINANCING

Any Age Mobile Home
Refinance Existing Balance Only
Possible Reduction in Monthly Payment
LTV based on Original Purchase Price
or Current Appraised Value - whichever is less
Mfd/Mobile Homes in Parks and on Land

BEST RATE RATE AND TERM REFINANCING

Mobile Home June 13, 1976 or Newer (Post Hud)
Refinance Existing Balance Only
Possible Reduction in Monthly Payment
Loan not to exceed 80% of Current Appraised Value
Current Loan must be Reported on Credit Report
Loan must be Seasoned for 12 months
Mfd/Mobile Homes in Parks Only

LAND/HOME CASH OUT REFINANCING

Any Age Mobile Home
Manufactured / Mobile Homes on Land Only
No Co-Op Land Ownership
Permanent or Non-Permanant Foundation
LTV based on Original Purchase Price
or Current Appraised Value - whichever is less

CASH OUT REFINANCING

Any Age Mobile Home in Parks
Refi: Home Improvement, Debt Consolidation,
Pay Space Rent, Cash in Hand Limitation
LTV based on Original Purchase Price or Current
Appraised Value - whichever is less
Best Rate Program:
Homes 20 Years or Newer, Max Cash Out $25000
Cash Paid Directly to Creditors, No Cash in Hand
Loan not to exceed 65% of Current Appraised Value