FHA207m Loan Guarantee Program Seminar Coming to Louisville

Promoters recently announced the first ever comprehensive manufactured housing land lease community finance seminar featuring the FHA 207m Loan Guarantee program is coming to Louisville.  It will be held at the Crowne Plaza Hotel, adjacent to the Kentucky Exposition Center Fairgrounds and concurrently with the nearby Midwest Manufactured Housing Show on January 13. The little-known loan guarantee program which is funded by private lenders on HUD pre-approved projects may be used to acquire, refinance or build new manufactured housing land lease communities. “We want to assist those community owners with due or past due loans to easily refinance their existing debt plus provide up to 90 percent of the costs of rehabilitation” said Edward Hicks, Principal Consultant of CRG, Inc., Lic. Mortgage Broker, and well-known industry author and consultant. “It may also be used by community residents to purchase their existing communities.” More information is available here: http://www.fha207m.comSeminar.html

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