Home Financing

Loan Programs & Terms

We offer several A+ rated lenders for our customers to choose from that provide land & home packages or home-only financing. Our lenders strive to provide excellent terms for the manufactured housing industry, taking into consideration all credit scores.

Land as Down Payment –

If you already own your land Free & Clear, or own your land but still have a payoff, you can still use the equity in your land as a down payment for your land/home purchase.

Loan Programs

FHA:

Only for Land/Home financing.
3.5% down
Minimal closing costs
30 year term
620+ score
Seller can finance 6% of buyer closing costs into the loan.

USDA:

Only for Land/Home financing.
0% down
Minimal closing costs
MUST be located in a RURAL setting (deemed by USDA)
30 year term
640+ score
Seller can finance 6% of buyer closing costs into the loan.

Only offered for Veterans
Only for Land/Home financing.
0% down
Minimal closing costs
30 year term
VA Funding Fee associated per lender
Seller can finance 6% of buyer closing costs into the loan.
640+ score

Conventional

All credit scores considered pending lender, pending program
Down Payment – 5% – 30% down depending on financial profile of buyer
No Private Mortgage Insurance
15-30 year term offered
Interest rates vary per financial profile of buyer. 3% and higher