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Manufactured Home Financing

Home » Manufactured Home Financing
 New Home Builders Shift Focus To Smaller Homes For More Affordable Options – A Space Already Occupied By Manufactured Housing
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By Ben Nelms
In Manufactured Home Financing, Manufactured Home News, Manufactured Housing News
Posted December 27, 2023

New Home Builders Shift Focus To Smaller Homes For More Affordable Options – A Space Already Occupied By Manufactured Housing

Rising interest rates and construction costs, along with demand for more affordable options, pushed new home builders to shift focus, according to recent analysis by The Center Square, reported [...]

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 MH FINANCING:  Freddie Mac “Making Good on Our Duty to Serve” Manufactured Home Buyers
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By Ben Nelms
In Manufactured Home Financing, Manufactured Home News, Manufactured Housing News
Posted December 25, 2023

MH FINANCING: Freddie Mac “Making Good on Our Duty to Serve” Manufactured Home Buyers

The following contains excerpts from A Freddie Mac generated post: Single-Family / August 21, 2023  Freddie Mac’s Duty to Serve Plan is our road map for identifying challenges in undeserved [...]

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 MH FINANCING:  Required Features to Qualify for Fannie Mae Advantage Financing
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By Ben Nelms
In Fannie Mae, Manufactured Home Financing
Posted August 18, 2023

MH FINANCING: Required Features to Qualify for Fannie Mae Advantage Financing

In 2017-18 Fannie Mae engaged with manufactured home producers to develop MH Advantage to offer a new affordable housing option. MH Advantage properties are built to meet specific construction, [...]

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 MH FINANCING – Zippy’s Record Growth Secures Additional Investment to Drive Further Scalability and Meet Growing Demand for Chattel Home Loans
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By Ben Nelms
In Manufactured Home Financing, Manufactured Home News, Manufactured Housing News
Posted August 9, 2023

MH FINANCING – Zippy’s Record Growth Secures Additional Investment to Drive Further Scalability and Meet Growing Demand for Chattel Home Loans

Grows Team to Continue Serving Manufactured Home Buyers and Community Operators, Announces New VP of Sales Manufactured home chattel (home only) loan availability is critical in the growing [...]

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 An Overview of Wells Fargo Manufactured Home Financing Program
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By Ben Nelms
In Manufactured Home Financing, Manufactured Home Loans
Posted June 12, 2023

An Overview of Wells Fargo Manufactured Home Financing Program

Source: The Enlightened Mindset – Buying a manufactured home can be a great investment, but many people don’t realize that financing one can be just as difficult as financing a traditional [...]

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 Bank of America Manufactured Home Financing Options, Qualifying Requirements and Benefits
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By George Talavera
In Manufactured Home Financing, Manufactured Home Loans
Posted June 7, 2023

Bank of America Manufactured Home Financing Options, Qualifying Requirements and Benefits

Introduction Source: Bank of America – The purpose of this article is to explore Bank of America’s manufactured home/mobile home financing options, including types of loans available, eligibility [...]

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 Rocket Mortgage Introduces Conventional Home Financing Program, “Getting Folks into Manufactured Homes”
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By Ben Nelms
In Manufactured Home Financing, Manufactured Home Loans
Posted April 21, 2023

Rocket Mortgage Introduces Conventional Home Financing Program, “Getting Folks into Manufactured Homes”

Source: MPA (Mortgage Professionals America)  – Mike Fawaz has been tapped as executive VP, leading the arm of Rocket Mortgage that serves mortgage brokers and correspondent lenders. In [...]

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 Manufactured Home Buyer Tip: Knowing and Managing Your Credit Score is Key to Obtaining a Manufactured Home Loan
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By Wil Ferguson
In Manufactured Home Financing, Manufactured Home Tips
Posted January 30, 2023

Manufactured Home Buyer Tip: Knowing and Managing Your Credit Score is Key to Obtaining a Manufactured Home Loan

When applying for financing to purchase a manufactured home, a lender will consider your debt-to-income ratio and other stability factors such as length of employment, how long you have lived at [...]

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 Data Shows Lack of Federally Backed Manufactured Home Financing Shuts Out Many Prospective Buyers
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By Ben Nelms
In Manufactured Home Financing, Manufactured Home News, Manufactured Housing News
Posted January 25, 2023

Data Shows Lack of Federally Backed Manufactured Home Financing Shuts Out Many Prospective Buyers

Expansion of federal loan programs could boost access to this path to homeownership. (Source:  PEW Article by Linlin Liang, Richard Siegel & Adam Staveski)  –  Data report compares the [...]

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 Mobile Home Values Rose 34% in the Last 5 Years
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By Wil Ferguson
In Manufactured Home Financing, Manufactured Home Loans, Manufactured Home News, Manufactured Housing News
Posted November 29, 2022

Mobile Home Values Rose 34% in the Last 5 Years

Lending Tree study compares the affordability of mobile homes* and manufactured homes to single-family houses. For homebuyers looking to buy single-family properties, alternatives to traditional [...]

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