Alabama's Most Affordable Manufactured Home Value

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Financing Options

Frequently Asked Questions

Can I apply for financing online?

Thank you for your interest in Jaco Sales LLC and for allowing us to assist you with the purchase of your new manufactured home. We want your business and are available to help you with the application process. We prefer you complete the online or physical application with a staff member at the office located at 5370 Hwy 229 Tallassee Al. 36078. However, the 21st Mortgage link is below for you to apply online for financing your purchase of a home from Jaco Sales LLC. The application process is very important in getting you approved to purchase your new home. Please take your time and be thorough in answering questions on the application.. We encourage you to contact a sales associate at 334-283-1017 or 1035. The sales associate can give advice and answer any questions you may have during the application process. Please keep the following in mind when applying:

1. Put down as much information as possible on “assets”. If you have a car paid down and have equity in the car it needs to be listed.

2. Where you are placing the home is very important. Whether it is family land, a privately leased lot, or in a manufactured home community. The cost of lot rent needs to be added to the application.

3. On the total sales price amount you will need to contact a Jaco Sales associate to get that number based on the home you are trying to purchase. Keep in mind the sales prices that are advertised usually don’t include sales tax or a pad.

4. Toward the end of the application you are asked to write down the dealers number. Jaco Sales number is 1171-2 and it is very important this information is provided.

Good luck and you may begin the process by clicking the link below. Please do not hesitate to call and talk to sales associate at 334-283-1017 or 1035.

Please hold down the control key when you click the following link.

https://www.21stmortgage.com/web/21stSite.nsf/z109.html

 

What does your credit score have to be to purchase a home?

A credit score of 500 or above has purchase potential.  Our head salesman is known in the industry as "The Credit Doctor" because he has helped thousands of people get into the home they have wished for.  When others can't get you into a home, give Jaco Sales a chance to do business with you.  

Right now, we are running a CREDIT REPAIR SPECIAL.  If your credit is too low, or too challenged to the point that it needs repair -- and ONLY if we cannot get you approved -- Jaco has enlisted the help of a CREDIT REPAIR SPECIALIST who will supervise and administer a credit improvement program.  This is a great way to boost your credit score significantly within a couple of months!  

How much money do I have to put down on the purchase of my home?

Our lenders decide the amount of the down payment.  A down payment is credit score driven and can be as much as 25%-35% of the purchase price and as little as 5%-10% down.

Cost of Home Purchased $40,000 $50,000 $60,000 $70,000+
5%  $2000 $2500 $3000 $3500
10% $4000 $5000 $6000 $7000
25% $10,000 $12,500 $15,000 $17,500
35% $14,000 $17,500 $21,000 $24,500

How much will my monthly payments be on the purchase of a new home?

Our lenders determine the amount of the monthly payment.  Jaco Sales works extremely hard to keep customers in their budget range.  ** THIS CHART IS SUBJECT TO CHANGE MONTHLY.  THE FINANCE COMPANY REVIEWS EACH INDIVIDUAL APPLICANT TO DETERMINE THE QUALIFICATIONS, DOWN PAYMENT, MONTHLY PAYMENTS, AND AMOUNT OF LOAN. **  

Down

Payment

Credit

Score

Loan

Amount

Origination

Fees %

Loan Amount + Origination Fees Rate Term in Years Payment APR Payment per $1000
20% >700 $50,000 2.00% $51,000 6.75% 23 $364.35 6.98% $7.14
10% >700 $50,000 2.00% $51,000 7,99% 23 $404.33 8.23% $7.93
5% >700 $50,000 2.00% $51,000 8.25% 23 $412.95 8.50% $8.10
20% 651-700 $50,000 3.00% $51,500 8.50% 23 $425.43 8.87% $8.26
10% 651-700 $50,000 3.00% $51,500 9.50% 23 $459.88 9.89% $8.93
5% 651-700 $50,000 3.00% $51,500 9.54% 23 $461.28 9.93% $8.96
35% 600-650 $50,000 3.00% $51,500 8.99% 23 $442.18 9.37% $8.59
20% 600-650 $50,000 3.00% $51,500 9.24% 23 $450.82 9.63% $8.75
35% 575-599 $50,000 4.75% $52,375 8.99% 23 $449.69 9.59% $8.59
20% 575-599 $50,000 4.75% $52,375 9.25% 23 $458.83 9.86% $8.76
35% <575 $50,000 4.75% $52,375 9.25% 23 $458.83 9.86% $8.76

 

 

21st Mortgage Corporation

21st Mortgage Corporation21st Mortgage opened its doors in downtown Knoxville in 1995 with a staff of four, which included the founders. Today, we have reached 650+ team members and continue to grow. 21st Mortgage has contributed to the revitalization of downtown Knoxville and continues to actively participate and support local organizations. 

Create an account with 21st Mortgage Here

Download 21st Mortgage Application Here (pdf)


Triad Financial Services, Inc.

triad_logo.pngFor over 50 years Triad Financial Services, Inc. has provided extraordinary service in Manufactured Home lending to help home owners reach their dream. Dealers and Realtors alike trust Triad for world class professionalism and finding competitive rates that help their customers and clients get financing. The truth in this economy is that financing IS available and Triad is the oldest, most trusted lender in the manufactured home industry. Let us go to work for you.

Download Triad Application Here (pdf)


Let us help you purchase your dream home!

Your manufactured dream home is a big decision and a big purchase. We have options for you and your new manufactured home that will put you into easy, affordable monthly payments that won't overburden your family.

Follow These Steps:

STEP 1: DECIDE ON A HOME

STEP 2: APPLY FOR A LOAN

STEP 3: APPROVAL ACCEPTANCE

STEP 4: LOCK IT IN

STEP 5: REQUESTED DOCUMENTS DUE

  • driver's license
  • current pay stub
  • social security card
  • most recent W-2
  • 2 mos. bank statement
  • earnest money
  • references

STEP 6: CLOSING DOCUMENTS

STEP 7: FUNDS DISTRIBUTION

Jaco Sales, LLC.
5370 Highway 229
Tallassee, AL 36078

334-283-1035​
334-283-1017
334-283-1002 fax​

Hours of Operation

Monday-Friday: 9am - 5pm
Saturday: 9am - 1pm
Sunday: Call for Appointment
Will stay open Late by Appointment.

> 575 CREDIT SCORE

USED or NEW
We Have The Home For You

Call Us Today!
334-283-1017 or 334-283-1035

Email Us Today!
sales@jacomobilehomes.com

 

GARY
gary@jacomobilehomes.com

PAM
pam@jacomobilehomes.com
BRIAN
brian@jacomobilehomes.com
ANNIE
annie@jacomobilehomes.com
BUBBA
bubba@jacomobilehomes.com