Come Get the Lowdown
Ready for homeownership but looking for a lower down payment? Vanderbilt is excited to help with an offer we just couldn’t keep on the down-low. For a limited time, you can take advantage of down payments as low as $1,500 for single-section homes and $3,000 for multi-section homes, on select in-stock models.
Making home buying easier and more affordable is the Vanderbilt way. That’s why we have a variety of mortgage programs to fit many types of buyers. So, make sure to get the lowdown – low down payment that is! – on your new home today.
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*$1,500 Down for Single Section and $3,000 Down for Multi Section (the "Offer"). Vanderbilt Mortgage Portfolio loans only. Not available with FHA, USDA, VA, or GSE loans. Offer available for applications submitted between September 1, 2023 and December 31, 2023 for loans up to $200,000 to finance the purchase of new manufactured and modular homes from a Clayton Family of Brands retailer with an invoice date prior to September 1, 2023. All loans are subject to credit approval. Offer requires a minimum credit score of 640. To qualify for Offer, the loan program must originally require more than the Offer’s reduced down payment. Home must be used as the borrower’s primary residence and not as a second home, "buy for," or investment purchase. Offer example: On a $100,000 eligible loan with a 10% ($10,000) required down payment, the down payment will be reduced to $1,500 for a single section, or $3,000 for a multi section. Reduction cannot be combined with any other offer, except for Vanderbilt’s “No payments for 60 days” program (“Program”), subject to its terms and conditions. Vanderbilt reserves the right to cancel the Program at any time.
Vanderbilt Mortgage and Finance, Inc., 500 Alcoa Trail, Maryville, TN 37804, 865-380-3000, NMLS #1561, (http://www.nmlsconsumeraccess.org/), AZ Lic. #BK-0902616, Loans made or arranged pursuant to a California Financing Law license, Licensed by PA Dept. of Banking.