Affordable Financing for Manufactured Homes

Ready to get started on your home ownership journey? These are the steps you can expect to take throughout the process of applying for your manufactured home loan. 

Step 1 - You can start by completing an online application. In addition to a completed application, we will need several important documents:

• Proof of income documents

• W-2 employees will need the two most recent pay stubs and W-2 forms for the previous two tax years

• Self-employed individuals should provide the last two years of tax returns, including all pages and schedules

• Retirees and Social Security recipients need to provide award letters

• Two most recent financial statements for all your asset accounts, such as, checking/ Saving account and retirement accounts

• Proof of down payment (minimum of 5%)

• Copy of US Issued ID - any passports need a visa to be accepted

Step 2 - Once you’ve been officially pre-approved, the fun part can begin, looking for your manufactured home!

Step 3 - Once you’ve found your home, we will have the home appraised. In order to start that process, we will need to collect additional documentation:

• Closing costs of approximately $635

• A copy of the title

• A park approval letter

• A signed purchase agreement

Step 4 - Once the appraisal process is completed, it will be time to schedule and sign the closing documents to finalize your manufactured home purchase. 

Please note: Final closing cost may vary based on location. We may require additional documents or steps be completed depending on your situation.

Buying and owning a manufactured home is different from buying a traditional home. To help, we’ve gathered our top resources to answer your questions and guide you through the process.

Understanding Manufactured Homes

Manufactured Homes: Financing in a Park

How to Buy a Manufactured Home

How to Qualify for a Manufactured Home Loan