PROGRAM HIGHLIGHTS
California Gold Purchase and Refinance Programs 
Program features
Terms 120 / 180 / 240 / 300 months
Loans can be amortized for more than 180 months, however, all loans will have a 180-month 
balloon payment.
Interest rates are determined by fico middle scores for all mobile home loans in the California Gold Program. The fico score must be a minimum of 660, there are several other factors taken into consideration to determine an interest rate for a particular borrower and a particular home. For best rates, the home must be no more than 15 years old and a multi section home, low debt to income ratios, and a term no greater than 240 months. The program also is available for homes 16 years and older to a 1976 home, multi section, single wide, cash out refinances and longer terms. Call for specific guidelines.
 
Dealers, Real Estate Brokers, and Seller Assisted Financing 
Inquiries Welcomed
 
Purchase Programs
California Gold Programs
(All loan programs are California only)
Interest rates are determined by fico scores, term, and debt to income ratios. The mobile home park must be an approved park. The California Gold Program provides home loans for pre-HUD homes from 1970-1975, and cash out programs. Best Rates are for homes no more than 15 yrs old with 20% down and 120 or 180 month terms. Bankruptcies must be 5 yrs old.
Cash Down
Area
Age
Term
Gift Down
5%
CA Only
15 yrs +
120/180/240 months
50%
10%
CA Only
15 yrs +
120/180/240 months
100%
20%
CA Only
15 yrs +
120/180/240 months
100%
15%*
CA Only
16 yrs + to 1976
120/180/240 months
100%
 
Refinance Programs
California Gold Programs
Loan to Value
Area
Age
Term
95%
CA Only
15 yrs +
120/180/240 months
90%
CA Only
15 yrs +
120/180/240 months
80%
CA Only
15 yrs +
120/180/240 months
85%
CA Only
16 yrs to + 1976
120/180/240 months
SECOND HOMES 
Refer to Purchase and Refinance programs 
Cash Out Refinances
Loan to Value
Seasoning
Age
Cash Out
Fico
80%
12 Mon Seasoning
15 yrs +
$25,000
700
65%
12 Mon Seasoning
15 yrs +
Unlimited/ 65%
700
 
 
 
 
 
 
PRE HUDS (pre-huds or refinances) (Homes from 1976-1975)
Loan to Value
Seasoning
Age
Fico
75%
24 mo/refi
1975/70
700
25% Cash Down
Purchase
1975/70
700
 
 
 
 
The program provides financing for pre-owned homes on dealer lots, no more than 10 years old. The program allows for 240 months and 300 month terms, all loans with a term greater than 180 months will be amortized for 240 months or 300 months, however there will be a balloon payment after 180 months. Valuation will be through an approved appraiser.
 
Silver Purchase and Refinance Programs
Program Features
Terms 120 / 180 / 240 / 300 / 360 months 
Interest rates are determined by fico middle scores for all mobile home loans in the Silver Purchase and Refinance Program. The fico score must be a minimum of 600, there are several other factors taken into consideration to determine an interest rate for a particular borrower and a particular home. For best rates, the home must be no older than 1976. Multi section home, low debt to income ratios, and a term no greater than 180 months generates the best interest rates. The program also provides cash out refinances. Call for specific guide lines.
 
Down Pay.
Area
Age
Bankruptcy
Seasoning
New Purchase
10%
CA
76+
None
 
For Sale by Owner 
10%
CA
76+
None
 
Purchase w/ BK
15%
CA
76+
4 years
 
2nd home purchase 
(30 mile distance)
20%
CA
76+
4 years
 
Refinance Rate/Term
660 Fico
90%LTV
CA
76+
4 years
12 mos
Buy For family
($100,000.00 max loan) 
20%
CA
76+
4 years
 
Stated Income
680 Fico
20%
CA
76+
2 years
12 mos
Older 1960-1969
(120mos max term)
20%
CA
60+
4 years
12 mos
Stated Equity
Credit Problems OK
Must Prove Income
40%
CA
60+
OK
1 Day
 
Program terms: Best rates are 20% down, 180 months on multi section manufactured and mobile homes. Single section homes are generally limited to 180 months. There are exceptions to the single section guidelines up to 240 months. Minimum fico scores for all programs is a 600 middle score. The Stated Equity Program has no minimum fico score with 40% cash down, and we can use non traditional credit. All programs are subject to designated California approved appraisers. 

***NEW PROGRAMS***
Land Home Loans Made Easy
 
§                 No Interest Charged During Construction
§                 90 Day Construction Period
§                 Floor Plan Paid Off Once Home Is On Delivery Site; Full Set Up Not Required
§                 100% of the Closing Costs Can Be Financed
§                 Take Up To 4 Draws
§                 HUD Code (single & doublewides) and Modular Homes Allowed
§                 Vinyl Skirting Okay (must meet local code)
§                 Homes Must Be Built to HUD Standards And Must Be At Least 14' wide
§                 No PMI Required
§                 New and Used Home Terms Up To 360 Months
§                 Minimum Down Payment is 5%
§                 Minimum Credit Score For Owner Occupied Properties is 660
§                 Maximum Loan $250,000 (Above Max By Exception)
Alt-A Program
§                 Stated Income Max LTV 75%
§                 Stated Max Loan Amount $250,000 (Above Max By Exception)
§                 Full Doc No Max Loan Cap