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Updated about 7 years ago,
Start my own mortgage company for mobile home financing?
I am about to solidify the purchase of a fairly sizeable mobile home park in Northern Illinois. I'm thinking about the possibility of also starting a separate mortgage business so I could offer financing for those who would like to buy a new/used homes in the community.
I understand that applicants cannot be steered to any particular mortgage company but I believe I may be able to be a bit more flexible with a lending program and that should attract some good customers.
Opinions would be appreciated