Manufactured Housing Mortgage Loan Options

Are you looking for an affordable home that’s all your own? Manufactured homes can be a lower-cost way to become a homeowner with a modest down payment. Manufactured homes aren’t your grandparents' mobile homes. They’re homes built in a factory and assembled on a home site.

Today’s manufactured homes often have the features that buyers crave, like open floor plans, porches, and attached garages.

Can I get a mortgage loan on a manufactured home?

Planet Home Lending offers manufactured housing loans for homes that are at least 400 square feet and at least 12 feet wide.

• Down payments as low as 3%
• Ask us about getting down payment and closing cost assistance
• Fixed rate mortgage – your interest rate won’t change even if rates increase
• Pick the length of mortgage you need from 10 to 30 years

We’re here to help you. Our mortgage loan professionals can answer all your questions about mortgages for manufactured homes. Call us at 888-966-9044 or click below to get a FREE quote.

Manufactured homes frequently asked questions

What is a manufactured home?

A manufactured home is built in a factory to meet specific construction, architectural design, and energy efficiency standards. The manufactured home is shipped to your home site and assembled there. That’s why it’s typically less expensive than a traditional stick-built home. From the outside, you may not be able to tell a manufactured home from a traditional stick-built home.

Homes you can buy with a Fannie Mae MH Advantage® home are easy to spot. Just look for the “MH Advantage®” sticker.

What kind of mortgage loan can I use to buy a manufactured home?

You can use Planet’s manufactured home mortgage loan from Fannie Mae (which doesn’t require a minimum FICO credit score), a VA loan, or even an FHA loan to finance your manufactured home purchase.

Can I get a manufactured home loan to buy a second home?

Yes, Planet Home Lending offers manufactured home loans you can use to buy a second home.

Not sure which loan option is the best one for you? Our mortgage loan professionals can answer all your questions and stay with you through your home loan journey. Call 888-966-9044 or click below to get a FREE quote.

Can you buy a manufactured home with an FHA loan?

Yes, FHA loans cover manufactured homes. Our team will accompany you through every step of the homebuying process, providing guidance on the unique requirements for purchasing a manufactured home using an FHA loan. Contact our home loan experts today to begin your journey.

Can I use an FHA One Time Close Construction loan to buy and build a manufactured home?

Yes, One Time Close FHA construction loans make building a manufactured home easy. That’s because you use one loan to finance the land and cover the construction costs.

Can I use an FHA manufactured home loan to build a manufactured home on land I own?

Yes, you can build a manufactured home on your lot with an FHA loan. Contact our home loan experts today to get the details.