Manufactured Home Loans

A manufactured home is a type of housing that is built in a factory and then transported to a site where it is set up. It is also commonly referred to as a mobile home or trailer home.

Manufactured homes are eligible for financing through various loan programs, including FHA (Federal Housing Administration) loans, VA (Veterans Affairs) loans, and conventional loans from lenders who specialize in manufactured home financing. These loans may have different requirements and terms compared to traditional home loans for site-built homes. It’s important to work with a lender, like First Choice Financial, who is experienced in manufactured home financing to explore the options available to you.

What qualifies a manufactured home for a mortgage?

To be eligible for a mortgage, manufactured homes must meet the following criteria:

  • Built after June 15th, 1976 and meet the Federal Construction and Safety Standards.

  • Home must be secured to a permanent foundation.

  • Connected to local utilities for power, water and waste disposal.

  • You must own the land the home will be affixed to.

  • Have a minimum of 400 sq ft of living space and be at least 12 feet wide.

  • Must be your primary residence.

If you need to know more about manufactured home loans or have specific questions, don't hesitate to call First Choice Financial at (970) 683-1910.

Get in Touch

First Choice Financial

Grand Junction, CO

(970) 683-1910