Get pre-approved by either completing an online application (takes less than 10 minutes) or by scheduling an appointment at a branch (takes about 30 minutes).
For those new to online banking: click here to get started.
At First Alliance Credit Union, we believe that home-ownership is the heart of a strong community; which is why we are proud to offer Manufactured Home Loans to our South East Minnesota area communities. Whether you're looking to settle down in a community or want your manufactured home on your own land, First Alliance has flexible financing solutions that will work for you to help you meet your personal home-ownership goals.
"I plan to own the land." |
"Someone else owns the land." |
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"I plan to own the land." |
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If you are not sure which one to choose, just contact us and we will help you figure it out!
Get pre-approved by either completing an online application (takes less than 10 minutes) or by scheduling an appointment at a branch (takes about 30 minutes).
Determine the monthly payment amount you think you can afford for your home. Need help with this step? Try our payment calculator.
Start looking for your new home!
If you are planning to place the home on land that is owned by someone other than yourself, you will need to complete the Manufactured Home Appraisal Guide about the features of the home you are planning to purchases.
If you are placing your home on land you plan to own, you can skip this step!
We will need the following documents from you to complete the processing of your manufactured home loan:
1. Your purchase agreement or a copy of the title.
2. Completed Manufactured Home Appraisal Guide from step 4.
3. Two months of your financial statements - If First Alliance is your only financial institution we have this covered already!
4. Most current proof of income.
5. Declaration page from your insurance company.
Please note: We may require additional documents depending upon your situation, but this list is a good starting place.
Once we have all of your important documents and review them, then we will work with you to schedule a time for you to sign all the closing documents to officially make you a homeowner.
If you have any questions throughout the process we encourage you to contact us! We are here to help you every step of the way!
* Eligibility for a manufactured home loan is subject to credit approval.
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If you have never had an Online Banking account at First Alliance before, click here to get started.
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If you have never had an Online Banking account at First Alliance before, click here to get started.
