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.
Chad and his team was awesome throughout the entire process. They made things easy and smooth, and able to answer any questions at anytime. By far the best experience with a lending team yet. Great job!”
I recommend chad because he is not pushy or trying to manipulate as others in the same business, the process was smooth with no obstacles, best team. ”
My wife and I purchased a home in Escondido, first home together. Chad and his team made the whole process extremely easy and helped us close quickly. Will recommend to all friends and family!”