Q&A: Does anyone know of a mortgage company that offers FHA financing for mobile homes?

Posted on Jan 13, 2024 in FHA Information

See How To Qualify For New HARP 2.0 ProgramGovernment Recent
“New Home Affordable Refinance Program 2.0 requirements for eligibility have been relaxed by the Obama administration; now the program will extend its help to more number of homeowners. Borrowers who want to refinance their mortgages to get more …
If you would like more informaiton please visit here…

Bill will help more homeowners refinance
Supporters of the bill note that although recent changes to the Home Affordable Refinance Program were a step in the right direction, approved they left in place barriers that will keep millions of borrowers trapped in higher interest loans. The revised version …
For more informaiton please visit here…

Options for Foreclosures
People who don't qualify for HHP may qualify for other programs available, including the Home Affordable Modification Program, Home Affordable Refinance Program and others. McGavin pointed out that Gov. Pat Quinn signed the Homeowner Protection Act in …
If you would like more informaiton please visit here…

Question by Whitney: Does anyone know of a mortgage company that offers FHA financing for mobile homes?
Please leave their contact information. 🙂

Thanks!
We are in Texas.
FHA does offer Manufactured home financing- this deal also comes with land

Best answer:

Answer by Doctor Deth
Mobile homes are NOT real estate – you cannot get any kind of “Mortgage” on them – only a personal loan, visit this site which will be a higher interest rate and probably require 20% down – they decrease in value over time

What do you think? Answer below!

One Comment

  1. Any mortgage company that does FHA loans can do a manufactured home/land deal. Just call your local mortgage companies and ask them if they do FHA and tell them that you are buying a manufactured home. There are stringent FHA regulations as to how the house is set on the land – if I remember correctly, when I was in the business several years ago the house had to be on a block foundation, and there were certain other requirements as to the construction of the home. Figure out the financing before you commit to buying the house. Good luck!