Mortgage Loan Types: Financing or Refinancing Your Manufactured Home
If you own a manufactured home and want to refinance—or if you are looking to purchase a manufactured home—we have manufactured home loan options for you. While many other lenders say no to manufactured home financing, NLC Loans™ says yes.
NLC Loans’ clients can choose from a variety of loan products. You may purchase or refinance a manufactured home with these mortgage loan products.
Manufactured Home Loan Options:
FHA Loans for Manufactured Homes
- 5% minimum down payment
- Perfect credit is not necessary
- Mortgage insurance premiums apply for less than 20% down payment
- Equity cash-out options available when refinancing
Conventional Loans for Manufactured Homes
- 5% minimum down payment
- Choose from ARM or fixed rate terms
- Private mortgage insurance premiums apply for less than 20% down payment
- Equity cash-out options available when refinancing
USDA Loans for Manufactured Homes
- 5% minimum down payment
- No mortgage insurance premiums
- Available only for homes in USDA approved rural areas
VA Loans for Manufactured Homes
- No down payment required
- Must be an eligible service member, veteran, or surviving spouse to obtain a VA loan
- No mortgage insurance premiums regardless of down payment
- Up to 100% equity cash-out options available when refinancing
Have Questions? Get Answers.
Not sure which one of our manufactured home loans is right for you? Call a Personal Mortgage Advisor toll-free today at 877-480-8050 for a fast and free, no-strings-attached mortgage consultation. Whether you are purchasing a manufactured home or refinancing one you already own, we will find you a home loan solution that is as unique as you are.
Or, get the ball rolling on your manufactured home purchase or refinance by getting pre-qualified:
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