Search the finance category to find someone who can help you. View a list of our members who provide financing options in our member directory. Fannie Mae and Freddie Mac, the primary secondary market sources for mortgage loans in the U.S., encourage this trend through their guidelines for accepting real estate mortgage loans for 20-and 30-year terms secured by manufactured homes. We’ll look at this in comparison to other loan options and discuss what sellers need to know to give buyers access to the best loan terms. Government-backed financing is available under the Federal Housing Authority (FHA) Title 1 Manufactured Home Loan Program and the Title II FHA Combination Manufactured Home and Homesite Loan Program.Ī growing trend is to finance the home and land together as real property using conventional mortgage financing from a traditional mortgage lender. Rocket Mortgage offers conventional financing on qualifying manufactured homes. Liberty Home Mortgage specializes in making YOU, the customer, happy. The home must be situated on a permanent foundation and the loan must also cover. The home cannot be located in a mobile home park. The home must be constructed after June 15, 1976. We have competitive loan packages that suit your.

Typically, this financing features as little as 5% down payments and up to 25-year mortgages. Most lenders today do not lend on manufactured homes. In order to be eligible for singlewide financing through eLEND, several requirements must be met such as: The mobile home must be no smaller than 400 square feet. specializes in financing mobile homes at the most affordable rates possible. These financial firms are often times arms of the nation's largest banking institutions and are able to offer very favorable financing. Retailers traditionally work closely with financial companies specializing in manufactured housing. The most popular option is financing through the retailer. You may be surprised at the variety of financing options available for manufactured homes.

Who finances manufactured homes