Loans to Purchase a New or Used Mobile Home

Murphy Bank never charges any prepayment penalties on your mobile home loan. You choose whether your loan is fully amortized to zero or has a balloon payment. We offer buy-down rates and bimonthly payment programs that have rate reductions. We also offer an automatic payment service.

To help you get started, we have several categories of loan packages depending on the year your home was built and your Fico credit score.

Platinum
Home Built:	June 1976 or newer
Fico Score:	740
Minimum Down:	20%
Terms:	Up to 20 years

Preferred
Home Built:	June 1994 or newer
Fico Score:	675 Minimum
Minimum Down:	10%
Terms:	Up to 20 years

Standard
Home Built:	1976 – 1994
Fico Score:	675 Minimum
Minimum Down:	20%
Terms:	15 to 20 years

Older Homes
Home Built:	1970 - 1976
Fico Score:	700+
Minimum Down:	25%
Terms:	Up to 10 years

 

Getting Started

To start the application process, feel free to give us a call or stop by our Fig Garden Village branch in Fresno. We'd be happy to help you in person, answer any questions and discuss current interest rates.

Or you can print the Mobile Home Application form using the link below. The form is an Adobe Acrobat document that will open on your computer. To print the form, after it opens click on "File" and select "Print" option from the menu. Then you can fill out the form and fax or mail it to us. However you choose to get started, we look forward to hearing from you!

Mobile Home Application

All loans must be supported by tax returns and verification of income. We do not offer "No Doc" loans.