Denver Colorado Home Loans Mortgages - Our Loan Services and Products

Because Creative Mortgage Funding is a mortgage broker, we are able to offer a variety of loan products and rates with some of the largest and best investors.

Manufactured Housing

Manufactured housing has changed and so have their buyers. Manufactured home lending has changed as well. Once financed almost entirely on a non-real estate loan bases, they are being financed with traditional mortgage loans. This allows us to offer the lowest financing available where at one time were only the highest rates available.

We were very instrumental in the crusade to get mainstream mortgage lending approved in the State Of Colorado, which includes Fannie Mae (The Federal National Mortgage Association), Freddie Mac (The Federal Home Loan Mortgage Corporation), FHA (US Department of Housing and Urban Development) and Rural Housing Services.

Manufactured housing is becoming the wave of the future with its studies being published as recently as this summer, it is believed that manufactured housing will do better in sales than site built housing within the next decade. The homebuilder may expect as much as a 10% savings in cost by acting as there own General Contractor. This is usually acceptable by the construction lender since there are only 4-6 subcontractors.

As a side note, we are very proud to have Janie Taylor, President, of Creative Mortgage Funding on the Board of Directors for the Colorado Manufactured Housing Asscociation!

One of the most important steps prior to purchasing is to be pre- qualified or pre-approved. This step can eliminate a lot of wasted time by you and others involved in the purchase transaction. A pre-approval process can also be helpful in structuring your final goal. Many times you may find something showing up on you credit report that is incorrect, or may need to do some debt consolidation in order to qualify for the price range you were interested in. We are there to assist and advise with any challenges that may come up.

A pre-qualification may be handled over the telephone and is usually followed up by a loan packaged being mailed to you overnight along with the application, disclosures and a letter with a list of items that will be needed to complete the transaction. As soon as the requested documents are returned to us we usually are able to acquire an official pre-approval in writing from an investor within just a few hours and sometimes, with more complicated packages up to a few days. In any event, we meet our deadlines and commitments without any undue stress for anyone involved.