For Sale
**PENDING SALE**
*Located on our WATERWAY*
2568 Lansdown, Eugene, OR 97404
CLICK THE PHOTO BELOW FOR MORE DETAILS
1782 Sq Ft with 2 1/2 Car Garage
3 Bedrooms – (3rd Bedroom optional Office/Den) – 2 Bath
$315,000.00
Call Jeanie Rosenburg
541-689-1390 to view this home
**PENDING SALE**
2429 Northampton, Eugene, OR
CLICK THE PHOTO BELOW FOR MORE DETAILS
2026 Sq Ft with 2 Car Garage
3 Bedroom (2 bed + Office-optional 3rd bedroom) – 2 Bath
$310,000.00
Call Jeanie Rosenburg
541-689-1390 to view this home
Call Jeanie Rosenburg
541-689-1390 to view this homes.
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Types of Loans:
*At Gainsborough you purchase your manufactured home and lease the land. Since you do not own the “Real Estate Land” your home will be located on, you will not be able to qualify for conventional home loan rates. Conventional loan rates are rates loans that are sellable on the secondary market (Fanny Mae & Freddie Mac). However, there are several financing options available for your home purchase.
The BEST way for you to finance for a short-term loan is to pull the “equity” out of your current site-built home. You have the option of taking out a second mortgage or an equity line of credit. This can be done at any local bank or loan center. The equity line of credit seems to fit our customer’s needs the best since you will be able to pull only the money you need as you need it, therefore you will only be paying interest on the exact amount of money you need. Equity loan rates seem to be lower than most manufactured home loan rates. Then when your current home is sold, the loan will simply be paid off in full. The two important things to remember about equity loans are: most banks will not give you an equity line of credit if your house is already on the market so take out your equity loan PRIOR to placing your current home up for sale. The second thing to remember is to make sure that your equity loan has NO pre-payment penalties. You will want to pay the loan off rather quickly depending on the sale of your home and would not want to be penalized for early payoff.
If you would like a permanent mortgage loan then you will need to get a non-conforming manufactured home loan and borrow on your new home. Don’t worry there are some great loans out there. Some loans offer very little closing costs and have long terms so your payments can be lower.
CU Credit Union division of SACU Mountainside Financial Rep: Josh Ducharme
18305 East Mexico Place Aurora, Colorado 80017Phone: (877) 242-4560 Email: jducharme@sacu.com Website: www.mountainsidefinancial.com CUFBL, a Division of San Antonio Federal Credit Union 33801 1st Way So #100 Federal Way, WA 98003 Phone (866) 310-2143 Website: mhlending.credithuman.com Colonial Home Loans Rep: Tim Leatherman 12901 SE 97th Ave #100 Clackamas Or 97015 Phone: 503-722-3997 Email: timl@colonialhomeloan.com Website: www.colonialhomeloan.com Triad Financial Services Rep: Neil Roszkowski 4199 Campus Drive #250 Irvine, CA 93612 Phone: (866) 321-3153 Email: nroszkowski@triadfs.com Website: www.triadfs.com 21st Mortgage Rep: Scott Taylor 620 Market Street, Knoxville, TN 37902 Phone: (865) 523-2120 Email: scotttaylor@21stmortgage.com Website: www.21stmortgage.com Northwest Housing Services LLC Rep: Rick Budahl 12360 Landau Way Nampa, Idaho 83686 Phone: (208) 467-9144 Email: rbudahl@cableone.net Website: www.nwmhloan.com Financial Services Unlimited Broker: Bruce Zechenelly 11950 SW 2nd St. Suite 300 Beverton, OR 97005 Phone: (503) 626-8590 Email: fsu@fsuloan.com Website: www.financialservicesunlimited.com Country Place Mortgage Rep: Troy Morrow 2962 Limited Ln NW #B Olympia, WA 98502 Phone: (360) 709-9191Email: tmorrow@countryplacemortgage.com Website: www.countryplaceloans.com 
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