No Borrowed Down Payments. Source must be Seasoned Funds or Gift.
Q: I See that You Must Have Good Credit. What if My Credit is Bad or Poor?
A: JCF only offers Alabama manufactured home loans to consumers with good or excellent credit.
Q: Does JCF offer Land/Home Combination Financing?
A: No, JCF does not finance land or land & home combinations. We are a home only lender.
Q: I Want to Buy and Move a Manufactured Home onto My Property, Can JCF Help?
A: No, JCF will not finance a mobile or manufactured home that will be moved after financing.
Q: Can JCF Help me Purchase a Alabama Manufactured Home from a Dealer?
A: Only when the Dealer is acting as a listing agent for a homeowner. We do not finance new homes or homes that are coming from the dealers inventory. If the home must be moved, we cannot help.
Q: Is there an Application Fee to Apply with JCF?
A: No. We do not charge application fees.
Q: Does JCF offer 100% Alabama Manufactured Home Financing?
A: No. All customers must have a minimum of 5% down of the selling price. Best rates available with 20% down.
Q: Does JCF Accept Co-Signers on Their Loans?
A; No. All persons applying must live in the home with the exception of vacation homes.
Q: Do I Need a Realtor to Use JCF Lending Group?
A: No. JCF will work directly with buyers and sellers. We provide all of the closing documentation necessary.
Q: Is 3rd Party Escrow mandatory on JCF Alabama Manufactured Home Loans?
A: No, with the exception of California, where escrow is required. All escrow functions will be handled internally by JCF's Documentation Department.
Q: I Would Like to Help My Family Member Buy a Alabama manufactured home.
The majority of our customersCan JCF Help?
A: No, JCF does not finance homes purchased for friends or relatives.
Q: How Long Does It Take to Be Approved for Alabama Manufactured Home Financing?
A: By Phone in as Little as 15 minutes. Online applications take 12 – 24 hours.
Q: Are JCF's Alabama Manufactured Home Loans Assumable?
A: No, our loans are not assumable.
Q: Are there any Pre-Payment Penalty Fees on Your Alabama Manufactured Home Loans?
A: No, although closing costs and escrow fees are non-refundable. Our loans carry no prepayment penalties.
Q: What Terms do Your Alabama Manufactured Home Loans Run?
A: This depends on the loan balance. Our terms run between 7 – 25 years.
Q: How Long is the Complete Process to Get a Alabama Manufactured Home Loan?
A; From application to funding, normally occurs within 2-3 weeks, depending on the State.
Q: Is JCF Affiliated with 21st Mortgage or Vanderbilt Mortgage?
A: No. They are friendly competitors, there is no relationship present.
Q: Do Your Alabama Manufactured Home Loans Require an Appraisal or Inspection?
A: Yes, an inspection is always required. In some cases, an Appraisal/Inspection combination will be required.
If your questions have not been answered, please contact us.
We are able to offer the lowest Alabama manufactured home loan rates possible along with a Variety of Alabama Manufactured Home Loan Programs to meet the needs of a Nation. We will easily guide you through the loan process, providing you with whatever level of service you require. We offer Fixed Rate financing, No Pre-Payment Penalties, No Application Fees and we are Proud to be an Equal Housing Lender.
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