*Down Payments Related to Credit Scores:
- Equifax Scores Under 575 require a cash down payment of 35% or land value equal to 20% (Whatever land appraises for, 21st Mortgage will allow 80% of that value to go toward down payment. If land value doesn't equal 20%, then you pay down the difference in cash.)
-Equifax Scores 575-640 require a cash down payment or land value equal to 10%
-Equifax Scores Above 640 require a cash down payment or land value equal to 5%
**Please be aware that other factors are also taken into consideration by banks when factoring down payment requirements and that the above requirements are just average and that there could be varying percentages.**
*Springer Mobile Homes and ACE Homes allow you to make payments on your down payment during your approval period if you do not have the entire amount at time of approval, you are able to make payments until paid in full during your approval period.
*All septic systems require a notice of intent through the MS Department of Health. We can help you locate the website to get this application filled out properly.
*All homes sold by Springer Mobile Homes and ACE Homes come with a one year factory warranty. However, instead of having to wait four to six weeks for the factory to come out, we have our own service team out of Starkville that will get you serviced in a timely and professional manner for most service issues.
*A customer does not have to personally own property to purchase a home. If a customer is putting a home on someone else's property, the land owner just has to sign a landlord waiver giving the customer legal permission to place a home on his or her land.
*We offer turn key packages upon request!
- Equifax Scores Under 575 require a cash down payment of 35% or land value equal to 20% (Whatever land appraises for, 21st Mortgage will allow 80% of that value to go toward down payment. If land value doesn't equal 20%, then you pay down the difference in cash.)
-Equifax Scores 575-640 require a cash down payment or land value equal to 10%
-Equifax Scores Above 640 require a cash down payment or land value equal to 5%
**Please be aware that other factors are also taken into consideration by banks when factoring down payment requirements and that the above requirements are just average and that there could be varying percentages.**
*Springer Mobile Homes and ACE Homes allow you to make payments on your down payment during your approval period if you do not have the entire amount at time of approval, you are able to make payments until paid in full during your approval period.
*All septic systems require a notice of intent through the MS Department of Health. We can help you locate the website to get this application filled out properly.
*All homes sold by Springer Mobile Homes and ACE Homes come with a one year factory warranty. However, instead of having to wait four to six weeks for the factory to come out, we have our own service team out of Starkville that will get you serviced in a timely and professional manner for most service issues.
*A customer does not have to personally own property to purchase a home. If a customer is putting a home on someone else's property, the land owner just has to sign a landlord waiver giving the customer legal permission to place a home on his or her land.
*We offer turn key packages upon request!
