Contents
Mobile Home Loans: Buy a Mobile Home using FHA – Mobile homes, also known as manufactued homes, represent more than one out of ten new homes built and provide an affordable alternative for home ownership. Less expensive than both new and existing single family homes, manufactured housing has been an alternative to more expensive "stick-built" housing for decades.
FHA Mobile Home Loan – Manufactured Home Loans – Getting a low interest rate mobile home loan is very possible using the FHA mortgage program. The reality is that in many areas, manufactured homes, also known as Mobile Homes, are the primary residence of choice and one of the most difficult types of homes to get a competitive low interest rate home loan on.
average interest rate on home equity loan
Manufactured and Mobile Home Loans – The Balance – Type of home: Some VA and FHA lenders are unwilling to lend on manufactured homes, but they may be more open to modular homes. Some are reluctant to finance single-wides, but they will fund double-wides or larger homes.
Can I Get an FHA Loan for a Mobile Home? – August 6, 2010 – The FHA has a program that lets fha loan applicants get financing (or refinancing) for the purchase of mobile homes, a developed lot for the mobile home, or the combination of the home and the lot. Like other fha loan products, the mobile home must be considered the primary residence of the FHA borrower.
How to Finance a Mobile or Manufactured Home: FHA & USDA Programs – Manufactured homes are a smart choice for homeowners looking to a newly built modern home with an affordable mortgage payment. While the term "mobile home" is still used widely, these single, double and triple-wide prefabricated homes are now referred to as manufactured homes.
Manufactured, Mobile and Modular Homes. – NADAguides – Manufactured and modular homes can be very similar in appearance. Although many people use the terms interchangeably, the code the home is built to can have an effect on the location the home is placed, the finance options, the tax implications, etc.
best refinance company for mortgage
FHA-compliant and non-compliant mobile home anchors – View photos of FHA-compliant and non-compliant mobile home anchors, provided by Gulftex Retrofit & Installation Pros, a company providing mobile home inspections throughout Texas.
Home Loans for Manufactured Homes – MortgageLoan.com – FHA guidelines vary based on whether you’re buying just a manufactured home, the lot you plan to locate a manufactured home on, or both the home and lot together. The maximum loan term is only 15 years if you’re just buying a lot, but can be as long as 25 years if you’re buying the home and lot together.
[youtube]//www.youtube.com/embed/nQzWuKAnOtQ[/youtube]