Other Loans Available For Manufactured Homes Print E-mail
Wednesday, 25 August 2010 16:12
FHA - insured and Department of Veterans Affairs - guaranteed, called FHA and VA, loans are available to manufactured home buyers.  These types of loans may offer lower interest rates or lower down payment requirements if available in your area for your manufactured home.  Keep in mind these loans require more paperwork during the credit application and approval process and, therefore, may take longer for approval than a conventional loan.  ~ Information from Manufactured Housing Institute