Fast Mobile Home Loans Expands to Washington, Creates New Home Loan Product
SEATTLE, January 11, 2022 /PRNewswire/ — Fast Mobile Home Loans’ suite of new home loan products reflects its strong commitment to affordable housing, including a mobile home loan product not offered by any other lender.
This exclusive rehabilitation-style loan was inspired by their commitment to providing additional affordable housing for homeowners looking to improve their properties on their own. General manager Greg Downey says, “We instituted this product after seeing properties turned down by other lenders due to their condition, and felt they could be a great source of equity for people looking to work a little.”
Additionally, Fast Mobile Home Loans announces its expansion into washington state, which has been planned since 2020, but delayed by state licensing due to the ongoing COVID-19 pandemic.
Downey is thrilled to bring the “concierge-style service” of Fast Mobile Home Loans to his home country. Downey is an 18-year mortgage industry veteran who grew up in Chehalis, Washington. Downey is passionate about meeting the need for unique financing solutions and providing more affordable housing options, especially for Washingtonians. He believes Fast Mobile Home Loans’ unique financial products will have a positive impact on from washington the mobile and manufactured home market and the overall housing economy.
Fast Mobile Home Loans is a fast growing consumer lending company headquartered in Portland, Oregon, focusing exclusively on financing mobile homes and manufactured homes in parks and currently offering loans in Oregon and Washington to borrowers with as little as 5% down payment and credit scores as low as 500 on owner-occupied properties and investments.
Fast Mobile Home Loans’ unique financial products will have a strong positive impact on accessibility for Washingtonians looking to finance mobile or manufactured homes.
Greg Downey, General manager
Press release issued by PRLog
SOURCE Fast Mobile Home Loans