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Compare Modular Home Mortgages and Loans for Manufactured Homes
Many people in rural America need affordable financing for manufactured, mobile and modular homes. There are several popular government programs that back financing with loans for modular homes. USDA and FHA are the most popular modular home loans but there are more.
 Qualifying for a second mortgage with a modular home has been quite an accomplishment in recent years. People who own modular or manufactured homes have had to go to great lengths to obtain secondary financing for single-family modular homes. More equity is required if your home is considered to be either.
BD Nationwide has created this website so people can shop modular, mobile home loans, 2nd mortgages, credit lines and refinancing regardless of past credit problems. We offer a free service so you can find brokers and lenders that offer alternative home financing that can difficult to find at your local banks.
Shop for the Best Rates on Loans for Mobile, Modular and Manufactured Homes
In most cases, rates on modular home loans will be slightly higher with Pre-Fabricated homes than they would be with a standard single-family residence. The lending institutions consider modular/manufactured homes to be a greater risk factor than with your typical SFR. The more equity you have in your home, the larger opportunity you will have to borrow more money.
| Property Type |
Modular, Manufactured, SFR, Condo, MFR |
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| Lien Position: |
1st or 2nd |
| Amortization: |
Principal & Interest Payments |
| Interest Rate Types: |
Fixed Interest or Variable Rates |
| Fixed Loan Terms: |
15, 20, 25, or 30-year payment schedules |
Are you searching for a manufactured or modular home loan at today's market rates? Many finance companies do not offer mobile home financing, but many do offer FHA programs that extend loans for modular homes.
Get a free, no-obligation loan quote today and let us help you find the best options for minimizing your housing expenses! |
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Loan Comparison Calculator
This calculator will help you to compare the total mortgage interest charges of 4 types of loans.
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