Financing Services

Factory-Built Financing Made Simple at El Dorado Homes of Louisiana

When you build with El Dorado Homes of Louisiana, we've got you covered from start to finish and everything in between. We offer our customers resources to help them find a lender to finance their new manufactured home or modular home, at a rate they can afford. We pride ourselves in bringing affordable housing to the Central Louisiana, Northwestern Louisiana, Southern Arkansas, Northeastern Texas, and Ark-La-Tex area. Our homes are affordably priced, and we offer the best deals in the region. Come stop on by and see the advantages factory-built housing can bring you and your family, El Dorado Homes of Louisiana is here to help you achieve your dreams of home ownership, today!

The right loan for any purchase

LAND/HOME FINANCING

Also called a Conventional Mortgage, a Land/Home loan offers homebuyers many advantages for purchasing a manufactured home and land together. This type of loan offers a convenient front-end one-time close, and site improvements can be financed into them. You won’t be required to pay monthly Private Mortgage Insurance (PMI), and you may be able to buy down your interest rate. In addition, no permanent foundation or survey is required. You may qualify for longer loan terms, and closing costs and points can be financed into the loan, reducing your out-of-pocket closing costs.

HOME ONLY FINANCING

Also known as Chattel loans, these are personal property loans made for the purchase or refinance of a manufactured home that is not permanently affixed to real estate. Down payment requirements can be as low as 5%. Terms for these loans are usually capped at 20 years. The interest rates are typically 3-4% higher than the traditional mortgage loan. At El Dorado Homes of Louisiana, we're well-versed in this financing option and can help you qualify for it, enabling you to purchase the home you've been dreaming of.

A LOAN FOR EVERY PURCHASE

At El Dorado Homes of Louisiana, we've led hundreds of homebuyers to empowering financing options, enabling them to purchase the home's they've been dreaming of. It's our pleasure to help you and your family find the home loan that works best for your unique situation. If you plan to move into a community, our Chattel financing experts have you covered. If you own the land you plan to place your manufactured home on, we're here to help you too. And, if you plan to purchase land and a home together, we can help you take advantage of the benefits of a Conventional mortgage. Our professional team at El Dorado Homes of Louisiana is committed to getting you the most home for your money — and this includes getting the best loan for your home!

Get Pre-Qualified to Buy a Home