Many Private Lenders (āPLsā) today are actively financing mobile homes affixed to Mortgaged Properties and rented out as single-family residences (SFRs). Until now, documenting these loans on the GoDocs platform required workaroundsāmost commonly, using a rider to modify standard templates. While functional, this approach often led to inconsistencies and manual edits.
Weāre excited to announce a streamlined solution: GoDocs now supports financing for 1ā4 mobile homes as rental properties directly within InvestorDocs. This enhancement expands the types of loans our customers can documentāespecially our PLsāand eliminates the need for riders altogether.
ā Why This Is Better Than the Rider Approach
Using a rider to adapt standard loan documents for mobile homes has long been a workaround, not a solution. Hereās why the new InvestorDocs option is a game-changer:
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Purpose-Built Templates: No more manual edits or risk of misalignment. Templates now reflect mobile home-specific language and logic.
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Compliance Confidence: Built-in support for mobile homes ensures consistency across jurisdictions and lender types.
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Operational Efficiency: Faster document generation, fewer errors, and reduced review cycles.
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Scalable for PLs: Whether financing one unit or four, PLs can now document mobile home loans with the same ease as traditional SFRs.
š ļø How to Order a Mobile Home Loan in InvestorDocs
Ordering a mobile home loan is now as simple as selecting the right property type. Hereās how:
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Start a new loan using the InvestorDocs product.
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Choose any loan type and any property stateāthis feature works across all options.
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On the Property page, select the new āMobile Home 1ā4 Unitsā option under Property Type.
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Fill in the borrower and lender details as usual.
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Generate your documentsāGoDocs will automatically apply the correct templates for mobile home financing.
š Expanding Possibilities for Private Lenders
This enhancement reflects our commitment to supporting the evolving needs of our lending community. By enabling mobile home financing under InvestorDocs, weāre empowering PLs to scale their portfolios with confidence, speed, and compliance.
If youāre ready to simplify your mobile home documentation process, log in and try the new feature todayāor reach out to our support team for a guided walkthrough.