There are many misconceptions out there regarding VA mortgage loans and what types of properties are eligible, particularly when it comes to manufactured (mobile) homes.
At the basic level, VA requirements for eligible properties include such things as independent utilities, sanitary living facilities, an effective heating system, electricity, access to potable water, a safe method for the disposal of sewage (public sewer connection when possible), proper ventilation, etc., all of which can be found in a manufactured home.
Despite the fact that many manufactured homes meet the VA’s standard requirements, many veterans are under the false impression that a VA loan can’t cover a manufactured home.
This is simply not true; in fact, we would be happy to help you with your VA mortgage loan for a manufactured home.
Current 2018 VA Loan Standards For Manufactured Homes Programs In All 50 States.
Not all manufactured homes are eligible for a VA mortgage loan.
For example, any manufactured home that is legally classified as a vehicle is not eligible. For a manufactured home to adhere to VA standards, it must include the following:
It’s own lot that the buyer already owns or is purchasing with the home, not leased home parks.
The legal classification of a real property, not personal property or a vehicle.
A permanent foundation suitable to support both supporting and wind-overturning loads.
Adherence to the codes and requirements of the jurisdiction's building authority.
How To Meet Your VA Manufactured Homeownership Goals Through Manufactured Nationwide!
Purchasing a manufactured home with a VA mortgage loan is a complicated business, between finding an eligible property and trying to find a lender willing to help you reach your homeownership goals.
Luckily, the VA home loan experts at Manufactured Nationwide are dedicated to helping veterans and their families finance their new homes. We work with veterans in all 50 states, so don’t hesitate to contact us to begin the process of getting you into a place you can truly call home.