Acquire a Loan Specific to Your Needs
Roberts Communities offers specialized financing for mobile home buyers designed to assist you in expediting the purchase of your new manufactured home.
We offer competitive rates with outstanding service on chattel mortgage loans, where your manufactured home serves as security for your loan. Therefore, your movable property, or chattel, guarantees the loan, and our lenders maintain conditional interest in your property until the loan amount is fully paid. At that time, you will then resume full control and ownership of the chattel (your home).
Down payments typically range from 5% to 15% of the selling price of the home, and loan terms are typically 15 to 25 years. Our friendly, knowledgeable sales consultants at each community are happy provide you with additional information unique to each location.
A Chattel Loan Safeguards the Asset of Your Home
A traditional home mortgage cannot be used for a manufactured home. The land for your new mobile home is almost always leased and doesn’t belong to you, the owner of the mobile home. Instead, your home is considered “personal movable property,” and thus, it is qualified for a chattel mortgage which serves as security for the loan. This financing arrangement remains valid even if the mobile home is moved to a different location.
Processing Your Loan Has Never Been Easier
Our seasoned experts are happy to discuss your current goals and financial circumstances before moving forward with your loan application process. And now, as today’s tech-savvy buyers have come to expect a number of digital services at their disposal, Roberts Communities offers the benefit of applying for a home loan through our fully automated mortgage loan processing center.
Our Modern, Web-Based Loan Application
Our custom, web-based loan application provides a smooth and simple interface to guide you through your application process, at your pace. What’s more, you can now utilize our loan application platform using your phone, tablet or home computer.
This secure, mortgage point-of-sale portal provides a web-based access point for you to interact with your loan process from start to finish using an “interview-style questionnaire, backed by visual cues to keep the application moving forward with ease. You can complete your loan application, upload supporting documentation, e-sign all disclosures, and monitor the status of your loan — all from a single, easy-to-use location.
A Secure and Compliant Financing Portal
Our digital loan processing partner, Floify, employs the latest in bank-level encryption to ensure the security of all data that is entered or stored in the system. All borrower-facing mobile and desktop views are compliant with the Americans with Disabilities Act’s (ADA) Web Content Accessibility Guidelines (WCAG) 2.1 AA standard so that you can have peace of mind while utilizing this modern, digital mortgage processing platform.