What is a manufactured home loan?
Answered by Onias Derilus, Mortgage Capital · NMLS# 1859012 · Florida licensed mortgage broker
A manufactured home loan finances a factory-built home permanently affixed to a foundation. FHA, VA, USDA, and some conventional programs all lend on qualifying manufactured homes that meet HUD standards.
The home must be titled as real property (not a vehicle) and on land you own or are buying. Florida has a large manufactured-home market. We'll confirm the home qualifies and match it to the right program.
Financing factory-built homes
A manufactured home loan finances a home built in a factory and placed on a permanent foundation. FHA, VA, USDA, and conventional loans can all cover qualifying manufactured homes.
The home must meet certain standards and usually be titled as real property, not personal property, to qualify.
Key requirements
Lenders want the home permanently affixed to land you own, built after June 1976, and meeting HUD standards. Meeting these opens up low-down-payment options.
Manufactured homes are an affordable path in Florida. Reach out and we will check your financing options.