Serving Mobile and Manufactured Home Owners For Over 40 Years

Insights from Santiago Financial

Navigating Mobile and Manufactured Home Ownership

Appraisal

What It Is Manufactured home appraisals or property valuations are the process of determining the market value of a manufactured home. Appraisal reports are used

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Considerations

During the mortgage loan process, there are many considerations to be made regarding home price, down payment amount, income level, and monthly payment amounts. These

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Approval Documents

Estimated closing statement from escrow Provided by escrow, outlines all cost for the buyer and seller. Determines the total cash to close for the buyer.

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Overall Processing Timeline

Apply using the Santiago Financial, Inc. Credit Application online, by email or by fax, or by phone. Once approved, Santiago Financial will send the agent

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Glossary

Appraisal: The amount the home is estimated to be worth by an appraiser’s physical inspection of the home. It is calculated using comparable sales for

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Approval

Once your Santiago Financial Credit Application is received, it will be submitted to our lenders by a loan processing assistant. The lenders send Santiago Financial

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Application Timeline

Before Applying The only document we need before your loan approval is our completed credit application. Make sure all of the necessary information is completed

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