Rishel Family Trust which owns or partners in communities tends to rely on Triangle Finance which I am also the President of. (Legal seller finance structure.) That said, there are a number of finance companies and depositories that make loans to buyers and the terms vary with the credit worthiness of the prospective borrower.
Because of federal laws regarding the SAFE Act and other laws regarding steering, we post every lender we know finances manufactured homes in our sales office and allow them to place their brochures and/or other materials as well. Our sales personnel are neutral, but as helpful as the law allows.
Geography is important. Many regional players are out there that may loan in one state only.
We offer customers:
We are not legally obligated to offer:
Performance Equity Partners
or any other programs that require the Trust to sign any kind of indemnification agreements.