Despite the recent government shutdown, business is "as usual" at Frank's Home Place. However, with our lender partners, there may be some adverse effects as well as slight delays in processing customer loan applications due to not being able to access and/or verify tax and Social Security information for existing loan applications.
Below is a brief synopsis of how the shutdown may affect the lending process for our manufactured and modular home customers, depending on the type loan they are applying for:
While even a short shutdown can make an already sluggish financing process even slower, a longer-term shutdown could mean even more drastic consequences for anyone looking to buy or finance a manufactured or modular home. Of course, we're all hoping the shutdown will be short-lived, and that we can ALL get back to "business as usual" very soon! In the meantime, we encourage our customers to meet with a reputable mortgage lender to answer specific questions regarding the effect the shutdown may have on their current or future buying or financing plans.
If you've not yet decided to buy a new home just yet, we encourage you to visit Frank's Home Place to see what's new in manufactured and modular floor plans, tour our newest lot models, drool over beautiful interior design options, search out available land/home packages and much more, as well as get additional information on financing options for your next new dream home! At Frank's Home Place, we do more than just sell you a home - we share our training, skills and knowledge with you, to help you make the most informed and best home buying decision you can make! Call, email or come see us today!