A manufactured home is a type of housing that includes modular homes and is typically constructed at a factory and then assembled on-site. Not only is
Not only is cost of construction usually far less than traditional stick-built homes, manufactured homes also offer greater energy efficiency.
Financing a manufactured home can be somewhat of a challenge, as loan terms can vary from lender to lender.
Both FHA and VA loans have been available for manufactured housing, but it can be difficult finding a lender that provides conventional loan programs for the purchase, refinance or cash out of a manufactured home.
We provide conventional loan programs for the purchase, refinance or cash out of a manufactured home designated as a primary residence or second home.
- Owner occupied purchase up to a $417,000 loan amount 5% down payment required
- Second home purchase up to a $417,000 loan amount 10% down payment required
- Manufactured condos are eligible
- Single-width manufactured homes are not permitted unless in a Fannie Mae approved subdivision
Find The Lowest Mortgage Loan For Manufactured Homes!
The mortgage rates for manufactured homes will vary from lender to lender. Go beyond the Fannie Mae HomePath program.
While you can also procure FHA and VA loans, only a few lenders offer borrowers the benefits of conventional loans – and we are one of them. We address any challenges you face regarding manufactured homes.
Please contact Chad Baker with any questions on the purchase or refinance of a manufactured home.
Thank you, Chad. You have been amazingly responsive to all my questions, and you have a great staff assisting you. Thanks so much for all your help!
“Hi Juliann and Chad, I wanted to take a moment and thank you guys for what would have been impossible for us to do without you. We wouldn’t have our keys in hand if it had not been for your help in navigating the financing, and Juliann’s perseverance in getting the rest of the players in the transaction to deliver. Out of everything, our interaction with your office has been a highlight – and your customer service has been beyond everything we’ve experienced in the real estate industry. Is there a way we can provide any reviews, ratings, testimonials, or other statements that can express to your potential future customers how much you guys do to make the customer’s life easy? Please let us know how we can share our great experience with you to the rest of the public. Whether we refinance this under a VA, or get in a bigger/better house in a few years, we’re not going to go anywhere else for financing. We are customers of yours as long as you are in business. Thanks again for getting us in a house!”
Chad Baker and his team are amazing!
My husband and I found Chad through an article he had written. Every aspect of working with Chad and his team was exceptional. From our initial phone call where he explained the many options we had, to advice he gave in dealing with somewhat challenging sellers, and closing our loan ahead of schedule, the loan process with Chad and his team went very smoothly. I especially appreciated the one-on one guidance from Juliann, who really made me feel like I was her only client. I look forward to working with Chad and his team again and would highly recommend them to anyone looking for a mortgage.