FAQ

What memberships and accreditations does Beechwood Tiny Homes have?

NOAH certified, Insured, THIA member

What is the difference between THOW and traditional site built?

THOW stands for tiny house on wheels, it will be on a trailer and DOT legal in 50 states. Traditional site built or stationary is on a permanent foundation never to be moved again. There is also another option where it is built at our facility, transported to your location, removed from the trailer, and placed on your foundation. This is also a permanent installation.

How do I get my finished tiny home?

You can pick it up at our facility or delivery can be arranged. Cost will depend on the contract negotiated price and location of delivery.

How do I insure my tiny home?

There are several options to insure, but to be sure you can get insurance coverage it is best to work with a NOAH certified builder.

FOREMOST INSURANCE – Foremost.com
Area Served: USA
Requirements: Must be RVIA or NOAH Certified.
Additional Notes:

PROGRESSIVE INSURANCE – https://www.progressive.com/

STRATEGIC INSURANCE AGENCY – https://www.mystrategicinsurance.com/tiny-homes has been insuring tiny homes for the longest time and has the most covered tiny homes.

MACKE INSURANCE – https://www.mackeinsurance.com/
Area Served: USA
Type of Policy: Varies
Contact Info: Steve Macke at 404-445-0112 or at steve@mackeinsurance.com, mackeinsurance.com
Requirements: Must be NOAH Certified.
Additional Notes: Steve is happy to discuss what makes a Tiny Home Policy unique, give him a call!

How do I know the regulations for the location/destination of my tiny home?

Every municipality has zoning regulations/rules which will govern what you can and cannot do. Those are found online with a simple search for zoning regulations for your municipality. We will work with you to help you understand the zoning regulations where you intend to put your tiny home.

How do I pay for my Tiny Home?

Cash, ACH, Cashier’s Check, or Financing.

SOFI – https://www.sofi.com/
Location Served: USA
Type Of Lender: Bank
Requirements:
1. Down Payment – %
2. FICO Minimum –
3. Income Requirements –
Collateral Required:
Additional Notes:
1. Loan Type – SOFI is a thin-tech online lender. If the Tiny is on property, it will fall under a Real Estate Loan. If the Tiny is not on property, it would be a Personal or Signature Loan.
2. Rates –
3. Terms –
4. Contact – Ken at 844-763-4466

CITY NATIONAL BANK – https://www.cnb.com/
Location Served: USA
Type Of Lender: Bank
Requirements:
1. Down Payment – 20%
2. FICO Minimum – 650
3. Income Requirements –
Collateral Required: None
Additional Notes:
1. Loan Type –
2. Rates –
3. Terms –
4. Contact – Ron Watson at 903-885-7523 Ext 4139 or email to: ron.watson@bankatcnb.com

LIGHTSTREAM – https://www.lightstream.com/tiny-houses
Location Served: USA
Type Of Lender: Bank
Requirements:
1. Down Payment – 20%
2. FICO Minimum – 650
3. Income Requirements –
Collateral Required: None
Additional Notes:
1. Loan Type – Personal Loan
2. Rates –
3. Terms –

ONE MAIN FINANCIAL – https://www.onemainfinancial.com/
Location Served: USA
Type Of Lender: Bank
Requirements:
1. Down Payment – 20%
2. FICO Minimum – 650
3. Income Requirements –
Collateral Required: None
Additional Notes:
1. Loan Type – Personal Loan
2. Rates –
3. Terms –

ACORN FINANCING – https://www.acornfinance.com/

PROSPER FUNDING – https://Prosper.com
Location Served: USA
Type Of Lender: Bank

REQUIREMENTS:
1. Down Payment – 2.41% – 5%
2. FICO Minimum – 640
3. Income Requirements – None
Collateral Required: None

ADDITIONAL NOTES:
1. Loan Type – Personal Loans up to $50K
2. Rates – 6.99% Fixed – 35.99% (depending on Credit)
3. Terms – 3-5 Years
4. Contact – To Apply, Call 866-615-6319 8a-8p CST,
5. Other – Prosper is a Pier-to-Pier Market Lender. They service Nationwide with exceptions: They do not service Iowa or West VA. There are modifiedhttps://www.prosper.com/APRs in NY & VT, in CT. You are allowed 2 active loans at a time. GA has a minimum loan request of $3,001 and MA has minimum loan request of $6,001.

21ST MORTGAGE – http://21stmortgage.com
Location Served: USA
Type Of Lender: Bank

REQUIREMENTS:
1. Down Payment – 0% – 35%
2. FICO Minimum – None
3. Income Requirements – None
Collateral Required: Home or Land & Home

ADDITIONAL NOTES:
1. Loan Type – Conventional
2. Rates – As of 1/23 5.99% – 11.5% but rates vary. For your current rate please visit mypaymentestimator.com.
3. Terms – up to 25-30 Years
4. Contact – Caleb in Marketing at (800) 955-0021, 21stmortgage.com

SOUTH STAR BANK – http://SouthStarBank.com
REQUIREMENTS:
1. Down Payment – 25% to 50% (your choice to get the rates you want)
2. FICO Minimum – 680
3. Income Requirements – None
Collateral Required: No
ADDITIONAL NOTES:
1. Loan Type – Consumer Loan
2. Rates – 8.84% – 11.34% (depending on down payment and FICO)
3. Terms – 10-year fixed mortgage
4. Contact – Shirley Sears MLS# 1464584 at (Office) 512-456-0035 or (Mobile) 737-291-8113 for more information.