Loan Programs

We provide private lending for manufactured and modular home investors across North Carolina. Our programs are designed for experienced investors focused on flip and spec build projects.  Investors can choose from 4 different loan programs/terms based on the downpayment amount that works for that particular project.  

Spec Builder Loan Program

Financing for investors placing new manufactured or modular homes on owned lots in North Carolina.

Program Overview

We provide funding for investors developing manufactured or modular home spec projects. This includes lot acquisition, home purchase, and placement costs. Our focus is on practical projects with clear resale potential.

We understand the manufactured and modular housing placement process including site prep, setup, and resale timelines.

Typical Structure

  • Loan amounts: $75K – $250K
  • Interest only structure
  • 6–12 month term
  • Investor Downpayment (cash, lot equity)
  • NC attorney closing
  • Fast Underwriting

Real property collateral required (no chattel loans)

Manufactured Home Flip Loan Program

Financing for investors purchasing and renovating existing manufactured homes on owned land in North Carolina.

Program Overview

We provide funding for investors acquiring existing manufactured homes that need renovation and resale. Our focus is on practical projects with clear scopes of work, realistic budgets, and strong resale potential. Properties must be permanently affixed and classified as real property.  This can be done at closing.

Also, the home must have never been moved from its original location once moved and set from factory.  

Typical Structure

  • Loan amounts: $75K – $200K
  • Interest only structure
  • 6–12 month term
  • Investor Downpayment (cash, lot equity)
  • NC attorney closing
  • Fast Underwriting

Real property collateral required (no chattel loans)

Borrower Requirements

We look at 3 Big-Picture things:  Deal, Down, and "Dude"

We work with investors who meet these basic guidelines.

Deal:

  • Manufactured homes on owned land
  • Modular homes on owned land
  • Real property collateral
  • Flip or spec build projects with good ARV spread
  • Clear exit strategy: Can be sold to FHA, VA, USDA Buyer
  • North Carolina locations that are growing

Down:

  • There must be "skin in the game"
  • Downpayment means you believe in the project
  • Downpayment means you have money saved or investors who support you
  • Downpayment means you will treat this project with urgency
  • Downpayment means you will fight for this project

Dude:

  • Who is the man or woman driving the project?
  • Does the borrower have like-kind experience
  • Does the borrower show good money management
  • Can the borrower manage subs and other project people
  • Does the borrower have the time to manage the project

Start a Funding Conversation

If you have a manufactured home flip or spec build project in North Carolina, contact us to discuss funding.

  • Call or Text: (919) 694-6880
  • Email: doug@mobilehomemoney.com