I know some lenders will not finance a manufactured house on it's own land, but surely there are others who would. What requirements would there be on getting financiang for this?
How would one finance a quality manufactured house on land?
It can surely be financed with a conventional loan (quality home). And if the home is permanently affixed to the land, it could go FHA or VA.
Reply:I work with several lenders that will finance a mobile home on it's own land. Generlaly they want 20% downpayment. You could always get an FHA loan as they will finance up to 97% on a manufactured home.
Reply:best option would be to get it converted to real property you can email me at mortgagehills@yahoo.com i have 6 lenders who do that type of loan
Reply:teren is right, i was going to do this with a home i had in a trailer park but talk to the township offices and get their input.some twp wont let a mobil home come into the twp and some will but it has to have a certain roof pitch along with other crap.it got to be a hassle and i just bought a house and was done with it,good luck
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