Tri-Mount Financial Loan Information

Tri-Mount Financial is the industry leader in providing construction loans for modular homes throughout Michigan. We have put together some important information to help consumers who are looking for a construction loan.

We encourage consumers to read all of the following short articles written by our experienced team. This is valuable information every consumer should know when looking for a construction loan.

Please feel free to view or download these articles.

Modular vs. Manufactured Homes
How to tell the difference. Have you heard all the terms yet; modular, manufactured, mobile home, HUD code, BOCA code, state code, and my personal favorite, hudular? If you haven’t, you will! Let us help.
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What is a Construction Loan?
In a nutshell, a construction loan provides financing for the purchase, or payoff, of your lot and all construction costs of your new home. It is not a standard purchase or refinance loan.
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What you need to know about Credit Scoring
Almost all mortgage lenders utilize credit scoring in the approval process. Those that don’t will charge you a premium to ignore it. You need to know your score and you need to make sure it is accurate. An error in your credit file can cost you time, money, and even cause your application to be declined.
>>> read more here

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