Farmingville, New York – 10/27/2022: Licensed mortgage lender Atlantic Home Capital provides modular mortgage loans to ensure New Yorkers from modest financial backgrounds have the best possible chance at owning a modular home. The company understands that numerous low-income residents live in fear of eviction because housing expenses in New York City have skyrocketed recently.
The company also acknowledges that rising costs for traditional homes are one of the many reasons why modular properties in New York have grown in popularity over the last 70 years. Atlantic Home Capital cites these conditions as the primary reason why it offers modular mortgage loans to New Yorkers from low-income brackets.
Atlantic Home Capital issues modular mortgage loans to applicants based on their financial backgrounds. The company’s mortgage consultants check each applicant’s credit history and bank statements to ascertain their debt-to-income ratios. This information is used to determine the terms offered on each modular loan. Once the applicant accepts and makes the stipulated down payment, Atlantic Home Capital finances the modular home and sets up a payment structure for the applicant.
A company spokesperson from Atlantic Home Capital was asked how modular home loans affect the financial stability of low-income New Yorkers in the long run. They replied, “Modular mortgage loans put a roof over the heads of people earning a modest income in a city that has one of the world’s highest costs of living. The security of having a home drives many of our modular home loan applicants to attain better jobs and provide for their loved ones. Sure they’re paying mortgage premiums in the process, but the happiness, security, and long-term prosperity they get in exchange are priceless.”
Atlantic Home Capital provides numerous other types of home loans for clients earning a modest income in New York. This includes no W2 loans for freelancers and VA loans for military veterans who can’t secure employment. The mortgage lender also issues coop mortgages for applicants interested in living in a housing cooperative and jumbo non-conforming mortgage loans for those interested in purchasing prime real estate.
In addition to home loans, Atlantic Home Capital provides cash-in, cash-out, and rate-and-term refinancing services to help clients obtain better terms on their mortgages. The company operates in 7 states with head offices in Farmingville, NY, and Fort Lauderdale, FL.

About the Company

Atlantic Home Capital is a licensed mortgage lender based in New York. The company boasts a multilingual team of mortgage consultants who help people from all walks of life understand and apply for home loans. The company is an equal housing lender and a BBB-accredited business.

Contact Information

Website: https://atlantichomecapital.com/
Contact Form: https://atlantichomecapital.com/contact/
Email (Business Inquiries): [email protected]
Facebook: https://www.facebook.com/AtlanticHomeCapital/
Instagram: https://www.instagram.com/atlantichomecapital/
LinkedIn: https://www.linkedin.com/company/79988033/admin/