Manufactured Home Loans

FHA

• 580 minimum qualifying credit score
• Floor area no less than 400 square feet
• Classified as real estate Fee Simple and permanently affixed to the ground
• Not previously installed anywhere or occupied at any other location
• SingleWide, DoubleWide, TripleWide permitted
• Borrower must occupy the property as owner residence

VA

• 580 minimum qualifying credit score
• Must be or will be prior to closing, permanently affixed to the foundation and taxed as read estate property
• SingleWide, DoubleWide, TripleWide permitted

USDA

• 580 minimum qualifying credit score
• Property must be in a Rural Area
• Manufactured home must be less than 12 months old, never occupied, and must include the site. The date of the purchase agreement must be written within the one year
• USDA MH Pilot Program applies to existing homes in specific states built after January 2006

CONVENTIONAL

• 620 minimum credit score
• Floor area no less than 600
• Must be one-unit dwelling legally classified as real property
• SingleWide, DoubleWide, TripleWide permitted