filling vacancies in manufactured home communities hopkins... · welcome home loans • purchase...
Post on 06-Oct-2020
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Filling Vacancies in Manufactured
Home Communities
Paul Bradley, ROC USA (moderator)
Chris Nicely, Next Step
Jen Hopkins, New Hampshire Community Loan Fund
Peter Hainley, CASA Oregon
Welcome Home Loans Filling Vacancies in
Manufactured Home Communities
Welcome Home Loans
• Purchase
• Installation & full setup
• In ROCs and on land
• One closing
• As little as 5% down
• First mortgage
• NH titles MH as real estate
Affordable
• $49,400 purchase
• $898/month for mortgage, lot rent, taxes & insurance
• Rambling Woods Cooperative, Bethlehem, NH
Owning MH vs. renting in N.H.
$-
$500
$1,000
$1,500
$2,000
$2,500
$3,000
$3,500
$4,000
1 2 3 4 5 6 7 8 9 10 11 12
Saves $308/month $3,696/year
Months
Mandy B.
“Wow, I did it.”
Exeter River
Cooperative, NH
“I saw the sign & slammed on the brakes.”
Value,security,stability
Jen Hopkins
jhopkins@communityloanfund.org
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