Atlantic Home Capital’s Modular Home Financing Provides a Lifeline for Low-income Families Searching for Affordable Housing
The mortgage lender issues modular mortgage loans to help clients from low-income brackets realize their dreams of owning a new home
Farmingville, New York, 11th August 2022, ZEXPRWIRE, Driven by the desire to help low income families afford their own homes, licensed mortgage lender Atlantic Home Capital offers modular home financingto help them purchase brand-new modular homes.
According to the International Association of Certified Home Inspectors, modular homes are far cheaper than traditional homes because they’re mass-produced. Large-scale production allows modular home factories to experience substantial economies of scale, allowing builders to charge lower rates. However, these rates typically exceed the budget low-income families have for housing. Atlantic Home Capital solves this dilemma by providing its clients with modular home financing at the best rates possible.
John DeBlasio—owner and president of Atlantic Home Capital—emphasized that “modular home financing is the only way for low-income households to buy homes—especially if you’re living in high-cost areas. The value of modular homes appreciates just like regular homes, and you can also rent them out. In other words, modular mortgage loans are a great way for low-income households to build wealth.”
Atlantic Home Capital’s qualification process for modular home financing is just as stringent as their other mortgage loans. Their team of mortgage consultants checks each client’s credit score, factors in the type of modular home the client’s interested in, and appraises it before offering modular home financing. They always practice due diligence.
Atlantic Home Capital’s mortgage products have helped countless clients purchase homes across seven states, including Florida and New York. The company also provides refinancing services to help clients close out existing home loans and open new ones on improved terms. In addition to New York home mortgage lender, Atlantic Home Capital offers FHA loans, VA loans, mixed-use financing, and more.
Those interested in learning more about Atlantic Home Capital’s services can head to their website.
About the Company
Looking for New York home loans ? Atlantic Home Capital is a mortgage lending company with offices in both Farmingville, New York, and Fort Lauderdale, Florida. It helps clients apply for numerous types of home loans, including modular mortgage loans and investment property loans. The company’s team has several bilingual mortgage consultants that specialize in helping minority communities.
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