Manufactured Home Loan

Manufactured home loans are designed for factory-made homes built on a permanent chassis, and generally come in single or two-section units. This option offers various types of loans for homebuyers: FHA, VA, and conventional loans.

They may be small homes, but don’t be fooled – they come with big benefits. If you’re considering a manufactured home loan, these are some of the advantages:

Manufactured home loan rates are affordable
You can choose between a conventional, FHA, or VA loan
Down payment options as low as 3.5% for FHA and 5% for conventional
Manufactured homes are environmentally friendly

Requirements Of A Manufactured Home Loan

To find out if a property qualifies for a manufactured home loan, it makes sense to seek the advice from a lender, like us. But here are some general guidelines:

The home was built on or after June 15, 1976
Has no wheels and is designed as a single-family dwelling
Has a minimum of 400 sq. ft. for an FHA mortgage
Has a minimum of 600 sq. ft. for a conventional loan
Is permanently affixed to the property site for more than 12 months
You have a credit score of at least 580 for an FHA or 620 for a conventional
(Other restrictions may apply, depending upon product and State.)

If you like small home living, or If you’re a renter and want to take the first step to homeownership, a manufactured home loan could be right up your alley.

Our Mortgage Brokers are ready to answer your questions (888)842-7272

Finding the Perfect Home Loan

Thousands of consumers across the United States are ready for home ownership. Securing the right home loan doesn’t have to be hard, we have solutions for less than perfect credit and even those with little savings or down payment. To help home buyers overcome challenges we offer more programs and the extra benefit of wholesale rates. We simplify the home buying and refinancing challenges presented by 2024 mortgage guidelines. Our mission is to get you approved for a mortgage and into your home with payments you can afford. Even if you think you won’t qualify, our highly trained specialists will work with you closely on an individual basis to:

Review your finances to find a payment you can afford.
Improve your credit score if needed to qualify.
Obtain pre-approval to shop for a manufactured loan.
Secure a loan and purchase your new home!

Working around Credit Issues with Top Rated Specialists

Our FHA team is celebrating its 27th year in business. Our experience allows for consumer mortgage confidence especially with first time home buyers. We navigate consumers through the mortgage process, explain options and find what choice works best for you. We specialize in more than just manufactured home loans. Check out consumer home buyer GRANT options, USDA loans and our FHA home loan options.

Get on the Path to Home Ownership. We got your Back!

My wife and I had the pleasure of being assigned to Ryan Sr. Loan Officer. He was polite, patient, professional and most importantly prepared throughout whole process. Ryan crunched numbers with impressive accuracy, explained documents line by line when we had questions and let us know what to expect so there wouldn’t be any surprises. Ryan is very knowledgeable and had no problem answering questions and sharing very important details which made us feel good about picking Smart Mortgage. Thank you Ryan for all your help and advice.

Frank & Anna

We applied with other lenders but had been turned down, but Smart mortgage worked with us so we can have our dream home! Our lender Jon, walked us through the process and was very helpful in answering questions promptly. He made the process easy for us. Jon always kept in daily communication with us, so there were no surprises! He made himself available anytime…..even when he was on vacation! The online submission of documents was very easy. Overall we think Smart Mortgage is an excellent company willing to work with people with blemished credit and give them the opportunity to live their dream of home ownership.

Wesley C

We worked with Brian who picked up our loan after our original broker quit working with us. I’ve never seen a more determined, hard working, and dedicated broker in action! Brian was amazing! We could write a book about our experience, bottom line… I wouldn’t work with anyone else or refer to anyone else. He gets it done!

Desi M

I highly recommend working with Jon for a home loan product. He handled our jumbo loan with the highest integrity and detail. In particular, he helped navigate the legal details associated with our land trust. Our experience was exceptional and will work with Jon in the future.

Erik H

I highly recommend choosing Brian as your Mortgage guy to make sure you get the house you want. He will make sure everything is done and not only in a timely manner but it gets done correctly. Your closing will go so smooth and there are no surprises with Him! He will be with you from beginning till the End! You will not be disappointed with his service!

Annie P

Anthony exceeded our expectations in all aspects,going above and beyond he kept us in the loop throughout the whole process and in finding us ways to keep our final expenses as low as possible I feel we got the best deal we could have. We are very happy with our choice.

Debbie S

Anthony was great to work with and was very thorough with explaining the whole process. He was a huge help with any questions we had. Will definitely recommend to friends and family.

Sergio V

Worked with Jon on a refi and it was terrific. My situation was a little bit complicated based on a few moving parts, however, the process went very smooth and all my options were clearly explained as we went along. I’m very pleased with the outcome.

John C

Very impressed. Jon walked me thru a difficult refi of 2 properties simultaneously. Always a quick response to any of my concerns. Would definitely recommend working with them.

Sue S

The very first time I spoke with Patty on the phone, I knew I would work with her to find my mortgage. Patty has a calm and confident approach to her work that illustrates her knowledge of the industry, The counsel she provided helped position me in a favorable position to buy my dream home. I would definitely recommend Patty to family and friends, and look to work with her again in the future.

Chris C

Buy a Home with Little Money Down

Get Pre-Qualified Now

MINIMUM LOAN AMOUNT $60,000

We do not do loans under $60,000

Manufactured Loan Benefits

Low down payment
Low 30 year Rates
Easier credit qualification
FHA grant programs available
No application fee
Use gifts for down payment

Find your Manufactured Home Loan Now (888)842-7272.