Manufactured Home Loans
This program offers a pathway to
homeownership for those considering
manufactured homes. It’s designed to
provide flexible and affordable loan options
for buyers, whether they’re looking to place
their home on private land or within a community.
The program recognizes the unique
aspects of financing manufactured homes,
offering terms that address these specific
needs facilitating the purchase
of manufactured homes.
Scenarios and Potential Applicants:
- First-time buyers looking for affordable homes.
- Individuals or families seeking cost-effective homeownership.
- Those considering downsizing to a smaller, manageable home.
- Buyers wanting a manufactured home on their land or in a community.
Requirements:
- The home must meet specific age, condition, and setup standards.
- A down payment, typically lower than traditional homes.
- Income proof and a good credit score for loan approval.
- The home should be the buyer’s primary residence.
