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Installation Package

CONSULTING Basic Installation
Managed By: H.N Owner H.N Owner
Delivery
Permit
Set Home on foundation
Finish Interior
Foundation
Electric
Plumbing
(Water, Sewer, Gas)
A/C Supply&Install
Skirting
Steps/Decks
Driveway
Garage
Landscape
ALL OTHER
*CONSULTING Pkg is included in all sales.
You must have a capable Project Manager to manage your project!
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Typical Investor funded projects

EXAMPLE # 1

 Project Cost                                                                $160,000

    Includes Land (40,000) + Home (90,000) + Home Installation (30.000)

LESS Buyer Down Payment                                           (20,000)

Balance                                                                         140,000

Management fee (10% of balance)                                14,000

Investor capital (70% of balance = 61% LTV)                 98,000

Home Nation capital (30% of balance)                          42,000

Net to Investor at Buyer’s loan closing in

approximately 90 - 120 days

(50% of Management fee)                                             $7,000

 

EXAMPLE #2

Project Cost(See VA loan pre approval here)                267,000

Less Buyer down payment                                             (1,000)

Management fee(@10%)                                               26,000

Investor capital (@70% = 63% LTV)                              187,000

Home Nation capital (@30%)                                         80,000

Net to Investor at loan closing in

approximately 90 - 120 days

(50% of Management fee)                                             $13,350

 

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AFFORDABLE HOUSING INVESTMENT PROSPECTUS

Please email Invest@HomeNation.com to request a prospectus of investment opportunities at Home Nation.  Regrettably, we are only permitted to offer our investments to accredited investors at this time.

You may also be asked to sign a NDA (Non Disclosure Agreement) and an AAI (Affidavit of Accredited Investor Status) form. 

 

Us
Documents needed for a loan - Home Nation

Documents needed for a loan

Getting a loan can be quite stressful. Thankfully, we offer some of the most flexible loans available for Mobile Homes, even for those with poor credit scores. Here is a guide on what you'll need to apply for these kind of loans. You can also go here to inqure about your options today.

Documents Needed for All Loan Applications

  • Copy of completed loan application
  • Valid Social Security Number or Tax Identification Number
  • Copy of most recent pay stub or income statements (cover 30 days)
  • Copy of your last 2 years W-2’s & 1099’s if applicable
  • Copy of your most recent completed federal tax returns, for the past two consecutive years, with all schedules (business returns if applicable) (most recent 2 months checking and saving)
  • Copy of your most recent bank statements with all pages, for the last 60 days
  • Copy of most recent savings/investment account statement (if assets are needed for closing) (IRA, 401k ect. all pages)
  • Name and phone number of homeowner’s insurance agent, and declaration page
  • Gift letter (if applicable)
  • Letter explaining derogatory credit or bankruptcy (if applicable)
  • Copy of bankruptcy petition and discharge (if declared within past 7 years)
  • Copy of school transcript or diploma (if you have graduated from high school or college within the last 2 years)
  • Copy divorce decree and property settlement (if applicable)

w2 image for a mobile home

Additional Documents for All Properties Owned

  • Management Statements
  • HOI
  • Property Tax
  • HOA
  • Lease/Rental Agreement

Additional Documents for Loan Applications

  • Valid driver’s license or photo ID
  • Copy of most recent rent checks (past 12 month, if applicable) Landlord’s name and address and phone number
  • Student Loan Information
  • Additional Documents for VA Loan Applications
  • VA certification of eligibility and DD214, or Statement of Service
  • Amount of monthly child care expenses (if applicable)

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