Manufactured Homes

Manufactured Home Loans:
Financing for Factory-Built Homes

Manufactured and mobile homes can be financed — but the rules are different from site-built homes. Learn about FHA Title I/Title II, VA, and conventional manufactured home loans, foundation requirements, and how to qualify.

Explore Manufactured Home Financing

Manufactured Home Financing Options

Manufactured homes (built after June 15, 1976, to HUD code) and mobile homes (built before 1976) have different financing rules than site-built homes. Key distinction: manufactured = HUD code; modular = local building code (modular homes qualify for standard mortgages).

Loan Programs for Manufactured Homes

Program Key Features Down Payment
FHA Title I For manufactured home only (not land). Max loan: $148,909. Home must be primary residence. Can finance home + lot separately. 3.5%
FHA Title II (203b) For manufactured home + land together. Home must be on permanent foundation. Standard FHA limits apply. 3.5%
VA Manufactured Home For veterans. Home must be on permanent foundation and affixed to land. Max term 25 years for home+lot. 20 years for home only. 0%
Conventional (Fannie Mae MH Advantage) For manufactured homes meeting specific construction standards (site-built-like features: permanent foundation, pitched roof, etc.). Competitive rates. 3-5%
Chattel Loan Personal property loan — home treated like a car. Higher rates (8-12%), shorter terms (15-20 yrs). Used when home isn't on owned land. 5-20%

Manufactured Home Requirements for Mortgage Approval

  • Built after June 15, 1976 — must meet HUD Manufactured Home Construction and Safety Standards (HUD Code). Pre-1976 "mobile homes" are extremely difficult to finance — typically limited to chattel loans or cash.
  • Permanent foundation — required for FHA Title II, VA, and conventional loans. The home must be permanently affixed to land you own.
  • Minimum size: 400+ square feet (FHA), double-wide strongly preferred by most lenders.
  • Land ownership: You must own the land (for most programs) or have a long-term lease in an approved manufactured home community.
  • HUD tags & data plate: Both must be present and legible. Missing tags make the home unfinanceable through standard programs.

Manufactured Home FAQs

Manufactured vs modular — what's the difference for financing?

Can I finance a manufactured home in a park (leased land)?

Get Manufactured Home Financing — (213) 536-9372

Related Resources

FHA Loans VA Loans USDA Loans Construction Loans Appraisal Guide First-Time Buyer Down Payment Help Free Consultation →