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Updated about 7 years ago,

User Stats

12
Posts
3
Votes
William Devine
  • Real Estate Professional
  • Evanston, IL
3
Votes |
12
Posts

Start my own mortgage company for mobile home financing?

William Devine
  • Real Estate Professional
  • Evanston, IL
Posted

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

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