Wednesday, January 28, 2009

Manufactured Home Financing- Common Questions and Answers:

Find answers to commonly asked questions and learn about the different types of factory built homes, the manufacturers who produce them, the dealers and builders who sell them, how to evaluate their offerings, and how to pay for your new home.


How can I obtain financing to purchase a manufactured home? 

Manufactured homes are usually purchased through dealers or retailers that sell the homes. The names of lenders in your area which specialize in financing manufactured homes can be obtained from local retailers. Find manufactured home dealers by clicking on "Featured Dealers" above. 

Many lenders will grant a conventional mortgage for manufactured homes, but will probably require that the home be placed on a permanent foundation. Manufactured homes are also eligible for FHA and VA home loans. 

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