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Down payments range from 0% for a VA loan to 3.5% for an FHA loan.Loan requirements and pricing for Manufactured Nationwide: Keep in mind that it doesn’t offer loans for homes in a mobile home park or on leased land. Offers government-backed loans including FHA and VA for qualifying homes that must be affixed to land that you own.One senior banker to work with you throughout the entire purchase process.Loans for single-, double-, and triple-wide mobile homes.Loans for new and used manufactured and modular homes.Manufactured Nationwide’s services and features include: Unfortunately, Manufactured Nationwide has suspended their one-time close construction loans for manufactured homes, but they are still offering one-time close loans for true modular prefab and stick-built properties, and alternative construction loans for mobile homes are available. The entire loan process can take as little as 30 days to close on your new home. We chose Manufactured Nationwide as our best overall mobile home loan provider because it offers competitive fixed rates, lends in all 50 states, and it offers loans for different types of mobile homes. Their goal is to provide loans to those who may not qualify elsewhere. Unlike other lenders, they don’t just have a division devoted to manufactured and mobile home loans-their entire company focus is on these types of loans. Manufactured Nationwide lends in all 50 states and has over 100 years of combined manufactured home lending experience. Read on to find out which mobile home loan is right for you.

The best mobile home loans were chosen based on the types of mobile homes they finance, their coverage area, the types of loans they offer, and company reputation. Since most people who want to buy a mobile home will need a loan, we reviewed more than 10 mobile home loans and narrowed them down to the top four. These loans typically have a shorter repayment term and come with a higher interest rate than a mortgage. So instead of getting a traditional mortgage for your mobile home, you'd likely need a personal loan to cover the cost. They own the home itself and pay rent for its lot, rendering the mobile home real property. This is primarily because most mobile homeowners don’t own the land the mobile home sits on. The process for getting a mobile home loan is different than getting a traditional home loan. More than 17.5 million people in the U.S. A mobile home, also known as a manufactured home, is a transportable, prefabricated structure moved via truck to a location and used as a permanent residence.