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Originally Posted by terriG

We have been viewing the Villages realty website, and have seen some lovely homes in the "historic" section. I have heard that insurance can be obtained if the home was built in 1987 or later, but was wondering if competive financing is available for a manufactured home? Thanks for any info you might have.

We worked with Glenda Adams in the Lake Sumter office of CFWM when we purchased in April. We were able to get a quote for insurance from Foremost on a '78 we were looking at at first, and no problems when we ended up purchasing an '86. Financing is not a problem with 20% or more down but less down is a major problem. Even FHA doesn't really want to touch 'manufactured' homes. Many lenders are steering away from them. On the ones older than '85 or '86, you want to make sure the tie-downs are up to code or you may end up paying to bring them to compliance. The Villages website doesn't usually tell you the age of the home but you can go to Zillow.com and plug in the address and get more info about particular homes and recent selling prices around it. Hope this helps.