FHA Manufactured Home Purchase Loans: Up to 96.5% Financing in All 50 States
As little as 3.5% down, credit down to 580, and homes other lenders turn away. Single-wide to quadruple-wide and modular, underwritten in-house.
Manufactured Nationwide offers FHA manufactured, mobile, and modular home purchase loans with up to 96.5% financing, as little as 3.5% down, in all 50 states, for single, double, triple, and quadruple-wide homes permanently affixed to land you own. As an in-house direct lender, we work with credit scores down to 580 and weigh compensating factors many lenders will not. This page is for buying an existing manufactured home already set on its foundation; for a new home from a dealer, see our construction loans. Qualified buyers can also access up to $50,000 extra and save up to 30% on real estate commissions.
Can You Buy a Manufactured Home With an FHA Loan?
Yes. An FHA loan is the most flexible way to buy a manufactured home, with up to 96.5 percent financing, as little as 3.5 percent down, and credit scores down to 580. It works for single, double, triple, and quadruple-wide manufactured homes and for modular homes, as long as the home sits on a permanent foundation on land you own and is your primary residence. Homes on rented land or in a mobile home park do not qualify.
Everything is underwritten in-house, which is the difference that matters. Many lenders cap manufactured loans at 80 percent or turn away anything but top credit. We can go to 96.5 percent, work with lower credit, and weigh compensating factors like income, reserves, and payment history that other lenders will not. If you have been told no elsewhere, this is the program to ask us about.
FHA Manufactured Home Purchase Requirements
Here is what it takes to qualify at a glance. Every file is different, and our in-house team can work with you on the details.
| Requirement | FHA Manufactured Home Purchase |
|---|---|
| Minimum Down Payment | 3.5% (up to 96.5% financing) |
| Minimum Credit Score | 580, lower scores considered case by case with compensating factors |
| Eligible Homes | Single, double, triple, and quadruple-wide manufactured and modular homes |
| Property | Existing home on a permanent foundation, on land you own |
| Occupancy | Primary residence |
| Mortgage Insurance | Upfront and annual FHA mortgage insurance (MIP) |
| Loan Limits | Set by county, see our county loan limits |
All figures are for qualified borrowers and subject to credit approval and property eligibility. This program is for purchasing an existing home; new-from-dealer homes use our construction loan.
As Seen In
FHA Manufactured Home Loans With Lower or Bad Credit
FHA is the program to reach for when credit is the obstacle. The minimum for 3.5 percent down is a 580 score, and because we underwrite in-house, our loan committee can look at the whole picture rather than just the number. Limited credit, a past late payment, an older bankruptcy, medical collections, or a rough stretch does not automatically end the conversation. We have helped many buyers in exactly those situations get into a manufactured home.
A lower score does not mean automatic approval either. It means the rest of the file has to carry more weight: steady income, money in reserve, and a clean recent payment history all help. The right move is to let us look at your real situation and tell you honestly where you stand, before you waste time on a lender who was only ever going to say no.
Buying an Existing Manufactured Home vs New From Dealer
This page is for buying an existing manufactured home that is already set and permanently affixed to its foundation on land you own. That is a true purchase, and it is what the FHA purchase loan covers.
Buying a brand new home from a dealer is different. A new-from-dealer home has to be transported, set, and affixed to a foundation, which is construction, not a purchase, and it runs through our manufactured and modular construction loans instead. People mix these up all the time, so if your home is coming new from a dealer or retailer, start on the construction page. If it is already sitting on its land, you are in the right place.
How to Get an FHA Manufactured Home Loan
Getting into a manufactured home with FHA is more straightforward than most people expect. Here is how it works, from start to keys.
Check your eligibility. Start with our quick form or a call. There is no credit pull to see what you qualify for.
Get pre-qualified. We review your basics and send a pre-qualification letter so you can shop with confidence and make strong offers.
Find your home. Choose an existing manufactured or modular home on a permanent foundation on land you own. We can work with your agent or help you find one.
Submit your documents. Send the items in the checklist below so we can move quickly.
Appraisal and in-house underwriting. We order the appraisal and underwrite in-house, which is where our flexibility on credit and compensating factors comes in.
Close and get your keys. Sign at closing, and the home is yours.
Documents Needed for an FHA Manufactured Purchase Loan
Having these ready makes for a fast, smooth approval. You do not need everything perfect to start; we can begin with a conversation.
✓Photo ID and Social Security number
✓Two years of W-2s or tax returns, or 1099s if self-employed
✓Most recent pay stubs, about 30 days
✓Two months of bank statements
✓Home details: HUD tags, make, model, year, and dimensions
✓Purchase contract and the property address
✓Proof you own the land, or the land purchase details
✓Homeowners insurance quote for the property
Save Up to 30% on Real Estate Commissions
Buying a home is expensive enough, so we help you keep more of your money at the table. When you buy or sell through our program, eligible clients can save up to 30 percent on real estate agent commissions in all 50 states, applied toward closing costs. It works whether you are buying this manufactured home or selling another, and it stacks with your FHA financing.
30%
Commission Savings
When you buy or sell through our program, eligible clients can save up to 30% on real estate agent commissions in all 50 states, applied toward your closing costs. See the full Real Estate Commission Savings program.
Exclusive, Unique to Our Bank
Get Up to $50,000 Extra With Your FHA Purchase
$50K
Separate & Unsecured
On top of your FHA purchase loan, qualified borrowers can access up to *$50,000 in separate, unsecured funds, underwritten in-house alongside your mortgage. It does not depend on your down payment or equity. No other lender in this space offers it.
✓Furnish or improve your new home
✓Consolidate high-interest debt before closing
✓Cover moving costs and reserves
✓Strengthen your profile before you buy
Ask about the extra $50,000 with your purchase. See the full Consumer Loan details.
Check Your Eligibility*Qualification for up to $50,000 is for qualified borrowers and can be applied to all loan programs. This is a separate unsecured consumer loan underwritten in-house at the same time as your mortgage. Proceeds cannot be used for a down payment. Contact your banker for applicable rates, terms, and conditions.
The Benefits of an FHA Manufactured Home Loan
FHA is popular for manufactured purchases for good reason. The combination of a low down payment, flexible credit, and in-house underwriting opens the door for buyers who cannot get there any other way.
Up to 96.5 percent financing, just 3.5 percent down
Credit scores down to 580, with compensating factors weighed in-house
Single, double, triple, and quadruple-wide, plus modular homes
Taxes and insurance escrowed into one predictable payment
Up to *$50,000 dollars in extra unsecured funds for qualified buyers, before, at, or after closing
Save up to 30 percent on real estate commissions when you buy or sell a home or land
Licensed in all 50 states, powered by The Federal Savings Bank
Explore More Manufactured Loan Programs
An FHA purchase is one of many ways we finance a manufactured home. If you are refinancing later, an FHA streamline refinance can lower your rate with less paperwork, and Veterans should compare our VA manufactured purchase loans with 100 percent financing. See everything on our manufactured home loan programs page.
Buying a home that needs work? You can purchase and renovate in one loan, see our manufactured renovation and improvement loans.
Independently Recognized
Awards and Industry Recognition
Best Manufactured Home Lender
Investopedia, 5 Consecutive Years
Largest Privately Held Veteran-Owned Bank
In the United States
Top 20 Bank, Total Mortgage Volume
National Ranking
4.9 Star Average Rating
Verified Across Review Platforms
Inc. 5000 Fastest-Growing
America's Fastest-Growing Companies
FHA Cash-Out Specialists
Nationwide, In-House Underwriting
Better Business Bureau
A+ Rating
Licensed in All 50 States
Real Property Manufactured Lending
Industry Recognition and Media Coverage
- Best Manufactured Home Lender, Investopedia
- Best Overall Construction Lender, Investopedia
- Best VA Construction Lender, Investopedia
- Top Mortgage Workplaces, Mortgage Professionals Association
- Top Rated Local Winner, 2019 and 2020
- Featured in national publications and broadcast
- As Featured InInvestopedia, The Mortgage Reports, Military.com, BobVila.com, Military Makeover with Montel
Awards and recognitions reflect institutional standing and are not endorsements of any specific loan program or consumer outcome.
Frequently Asked Questions
Can you buy a manufactured home with an FHA loan?
Yes. FHA loans can be used to purchase an existing manufactured, mobile, or modular home on a permanent foundation on land you own, with up to 96.5 percent financing and as little as 3.5 percent down. Single, double, triple, and quadruple-wide homes qualify. Homes on rented land or in a park do not.
What credit score do you need for an FHA manufactured home loan?
The minimum is 580 for 3.5 percent down. Because we underwrite in-house, our loan committee can consider lower scores case by case when the rest of the file is strong, weighing compensating factors like income, reserves, and payment history that many lenders will not.
Can you get an FHA manufactured home loan with bad credit?
Often, yes. FHA is the most credit-flexible way to buy a manufactured home. We work with borrowers who have limited credit, past late payments, older bankruptcies, medical collections, or a score near the 580 minimum. A lower score does not automatically mean no; it means the rest of the file matters more, and our in-house underwriting gives us room to say yes.
How much is the down payment for an FHA manufactured home?
As little as 3.5 percent of the purchase price, which means up to 96.5 percent financing. Qualified borrowers can also access up to 50,000 dollars in separate unsecured funds for furnishing, reserves, or debt, though those funds cannot be used for the down payment itself.
What manufactured homes qualify for an FHA purchase loan?
Single, double, triple, and quadruple-wide manufactured homes, plus modular homes, qualify when they are on a permanent foundation on land you own and used as your primary residence. The home must already be set and affixed; a new home from a dealer uses our construction loan instead.
Is this loan for a new manufactured home from a dealer?
No. This FHA purchase loan is for buying an existing home already permanently set on its foundation. A new home from a dealer requires moving, setting, and affixing the home, which is financed through our manufactured and modular construction loan.
What are the FHA loan limits for manufactured homes?
FHA loan limits vary by county and set the maximum you can borrow. Check your area on our county loan limits page. If your purchase price is above the FHA limit, conventional or, for eligible Veterans, VA jumbo may offer more room.
7 Days a Week · Spanish-Speaking Bankers · Nationwide Cash-Out Specialists
Speak With a Manufactured Cash-Out Specialist
Phone (Toll-Free)
Mailing Address
4120 West Diversey Avenue, Chicago, IL 60639
Support Hours
7 days a week, including evenings and weekends
Licensing Verification
Verified Reviews
Wondering if FHA is your best fit? Compare FHA with VA, USDA, and conventional to see which manufactured home loan actually saves you the most.
5-Star Manufactured Home Lender Reviews That WOW!
Check Out This Great Purchase Review, Then Give Us A Call And Let's Get You Approved!
Richie, OK... so you've officially done something I've never seen in 22+ years selling real estate. Closed a VA Loan on 224 Acres, with a Manufactured Home. CONGRATULATIONS! and THANK YOU!!! Admittedly, I was skeptical (more like pessimistic) when James told me you were going to get this VA Loan completed. And I had many doubts along the way, because I'd seen so many VA Lenders fall flat on their faces, just before the Closing. BUT... You got the Job DONE! Occasionally, I find someone out there who has done an Outstanding Job, helping my Clients... and You are one of these! I'm now officially a FAN of You and Your Work. I would be honored to promote you and your services to other Agents within our company, and I intend to do so. I will call you when I've caught up on my work a bit... and learn more about how I can do my job better on the next VA transaction.
~Tom K. Realtor
Get Pre-Qualified for Your FHA Manufactured Purchase
Ready to see what you qualify for? Our process is quick and there is no credit pull to check eligibility. Tell us about the home and your situation, and we will tell you honestly what is possible and which program fits best. Run your numbers first with our manufactured home mortgage calculator, then get started below.