Manufactured Home Loans

Why choose a manufactured home?

Modern manufactured homes offer several advantages and benefits over traditional housing that have increased their popularity among homeowners. They are customizable, affordable, energy efficient, and easy to maintain, making them an appealing option for everyone from first-time home buyers to retirees looking to downsize.  

Some of the benefits include: 

  • Less expensive than most site-built homes
  • HUD quality control requirements apply during the entire building process
  • Upgrades are often available at a fraction of retail costs

 

Do you own the land for your home?
You may need a conforming loan: 

First Fed directly offers conforming manufactured home loans. Our lending experts are here to walk you through the process and find the best terms for your property needs. Conforming manufactured home loans include homes that are: 

  • Two or more sections
  • Title(s) eliminated or cancelled, treating home as real property
  • On a permanent foundation 
  • Built after June 1976
  • Applicant owns home and land

Apply Online

 

 

Is your home part of a planned community? 
You may need a non-conforming loan: 

For manufactured homes on leased land or other properties, non-conforming manufactured home loans are available through our partner Triad Financial Services.

  • One or more sections
  • Title(s) not eliminated or cancelled, treating home as personal property
  • May be on a non-permanent foundation system
  • May be built before June 1976
  • Applicant may rent or lease land/space home is located on

Apply Online

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Rates as low as:                                                                                            See rate details

3.947%

APR

30-year Fixed Rate MH Purchase

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3.340%

APR

15-year Fixed Rate MH Purchase

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3.394%

APR

15-year Fixed Rate MH Refinance

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Need more information? Contact our Mortgage Loan Officers to discuss your options and let us help guide you through this process.


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    Please provide the following information so that we can provide multiple options tailored to your needs.

     

    Manufactured Home Loan Rates

    Manufactured Homes: Purchase

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    Loan Term Interest Rate APR Discount Points Ex: Loan Amount Ex: Monthly Payment
    30-year Fixed Rate MH Purchase 3.875% 3.947% 0.375 $300,000 $1,410.71
    15-year Fixed Rate MH Purchase 3.250% 3.340% 0.125 $300,000 $2,108.01

    Interest Rates Effective: 01/20/2022

    Rates listed are for primary residence in manufactured home with a 25% down payment and borrower credit score of 740. APR (Annual Percentage Rate) is based on loan amount and interest rate. Example monthly payments quoted include principal and interest only. Actual payments may be higher if they include taxes and insurance. Rate, terms and fees are subject to change without notice. Subject to credit approval. Ask us about additional available loan programs.

    Manufactured Homes: Refinance

    Apply Now
    Loan Term Interest Rate APR Discount Points Ex: Loan Amount Ex: Monthly Payment
    30-year Fixed Rate MH Refinance 4.000% 4.062% 0.250 $300,000.00 $1,432.25
    15-year Fixed Rate MH Refinance 3.250% 3.394% 0.500 $300,000.00 $2,108.01

    Interest Rates Effective: 01/20/2022

    Rates listed are for primary residence in manufactured home with 25% equity and borrower credit score of 740. APR (Annual Percentage Rate) is based on loan amount and interest rate. Example monthly payments quoted include principal and interest (P&I) only. Actual payments may be higher if they include taxes and insurance. Rate, terms and fees are subject to change without notice. Subject to credit approval. Ask us about additional available loan programs.

    Manufactured Homes: Cash-out Refi

    Apply Now
    Loan Term Interest Rate APR Discount Points Ex: Loan Amount Ex: Monthly Payment
    30-year Fixed Rate MH Cash-out Refi 3.125% 3.204% 0.500 $260,000.00 $1,733.65
    15-year Fixed Rate MH Cash-out Refi 3.000% 3.118% .250 $260,000.00 $1,795.51

    Interest Rates Effective: 12/16/2021

    Rates listed are for primary residence in manufactured home with 25% equity and borrower credit score of 740.  Max 65% LTV and 20 year term.  APR (Annual Percentage Rate) is based on loan amount and interest rate. Example monthly payments quoted include principal and interest (P&I) only. Actual payments may be higher if they include taxes and insurance. Rate, terms and fees are subject to change without notice. Subject to credit approval. Ask us about additional available loan programs.