Mobile and Manufactured Homes in Tustin, California: Santiago Financial's 50-Year Commitment
Local financing details: Mobile Home Loans in Tustin
Santiago Financial, Inc. is a manufactured and mobile home lending specialist, founded in 1975 and based in Tustin, California. It finances one kind of property, manufactured and mobile homes, in two states, from one office. If you are deciding whether to call, this is who would pick up: where the company came from, what the Tustin office does, and who works there.
The company is one year older than the HUD Code
Santiago Financial began by serving buyers in Orange County and Los Angeles County. The year after it opened, on June 15, 1976, the federal HUD Code took effect. A factory-built home constructed on or after that date is a manufactured home. One from before it is, technically, a mobile home. HUD describes the standard on its manufactured housing page.
That date still matters in every file. It decides which programs can apply to a home, and it is one of the first things a lender establishes.
The dates that shaped the business
Some of these are the company’s own milestones and some are changes in the rules it works under.
Santiago Financial and manufactured housing, 1975 to today
| Year | What happened |
|---|---|
| 1975 | Santiago Financial, Inc. opens, serving Orange County and Los Angeles County. |
| 1976 | The federal HUD Code takes effect on June 15. Homes built from then on are manufactured homes. |
| 1980 | California makes manufactured homes first sold new on or after July 1 subject to local property tax. |
| 2023 | The company begins lending in Arizona. |
| Today | One office in Tustin serves buyers and homeowners across California and Arizona. |
The 1980 change is why a California lender still asks whether a home is on the property tax roll or pays an annual fee to the state. The Board of Equalization explains the difference in its manufactured home questions and answers. The Arizona move has its own article: expanding from California to Arizona.
What the Tustin office does
Manufactured housing is the only thing the company finances. The work falls into three kinds of loan and two related services:
- Purchase loans for homes in land-lease communities and on owned land.
- Refinancing for people who already own a manufactured home.
- Land-and-home financing, including projects that combine buying land, preparing the site and installing a new home.
- Insurance quotes for manufactured homes.
- Comparable sales reports for homes in California communities. These are not appraisals.
You can compare loan programs side by side, and the comparable sales reports page explains what a report covers. Every application is reviewed individually, all financing is subject to credit approval, and programs change, so what is available depends on your situation when you apply.
Because the office handles nothing else, the parts of a file that are unusual elsewhere are routine here: a title held by a state agency, land that belongs to someone else, a community that has to approve the buyer.
Who you will talk to
The office is at 161 Fashion Lane, Suite 206, Tustin, CA 92780, open Monday to Friday, 8:00 AM to 5:30 PM Pacific. It is the company’s only location, and visits are by appointment.
The team is small enough to list by name: loan processors and processing assistants, an insurance team, a loan representative and the company’s president. Names, roles and direct extensions are on the meet the staff page. Several members of the team assist clients in Spanish.
When you apply, you work with a loan processor, who starts by confirming the basics: which home, where it sits, who owns the land, and whether this is a purchase or a refinance.
Where the company lends
Santiago Financial lends in California and Arizona only, statewide in both. A home located in any other state cannot be financed.
If you are shopping close to the office, buying a manufactured home in Tustin is the practical guide. To ask about a specific home anywhere in the two states, contact us.
