Frequently Asked Questions2025-02-05T01:39:22-06:00

Frequently Asked Questions at New Start Homes.

How many years does it take to pay off a manufactured home loan?2024-08-18T22:49:16-05:00

With over four national lenders to choose from, you have multiple home financing options that include loan terms with 5, 10, 15, 20, or 30-year notes. You tell our home specialist what you want to spend each month and we can help you find the right loan situation for your family.

Do I need to pay a down payment to qualify for a new home?2024-08-18T22:47:50-05:00

Yes, when buying a home from New Start Homes, we require a minimum 5 – 10% down payment, unless you have a trade-in (or) own land and wish to do land-in-lieu of a down payment. Many customers choose this option since it helps finance their initial down payment by using their land as collateral.

What do I bring to my in-person appointment?2024-08-18T22:47:01-05:00

When you are applying for home financing at New Start Homes, we ask that you bring these items to make the application process a smooth one.

  • Drivers License (or) itin card
  • Last Paycheck Stub
  • Prior year’s Tax Return
  • Current & Previous Employer Address / Phone info

We do Trade-ins!

Use the equity in your home to use as money for down payment on a brand new [dealeryear] factory-built home.

We buy homes in almost any condition, any year, anywhere in the [dealerregion] region.

We give top dollar for used manufactured homes and tiny homes in Bonham, Texas.

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