What are the FHA manufactured (mobile) home loan guidelines?


FHA manufactured (mobile) home loan guidelines read that the Title I program is the FHA loan program for purchasing or refinancing of a mobile home which is used for primary residence of the borrower.

FHA manufactured (mobile) home loan financing applies to either manufactured home, or a manufactured lot, or to a combination of both.

FHA Manufactured Home Loan Maximum Amount
(high cost areas limits are 85% higher)
Manufactured home $48,600
Manufactured lot $16,200
Manufactured home + lot $64,800

Also, eligible mobile homes must meet the National Manufactured Home Construction and Safety Standards. New manufactured homes need warranty of at least 1 year from the manufacturer.

An FHA-approved lender will advise you on the eligibility requirements for an FHA mobile home loan:

  • Down payment of 5% is required.
  • Income has to be sufficient to cover the mortgage payment together with other living expenses and debts.
  • The mobile home has to be used as a primary residence, and be placed on a site in mobile home park, or on a privately owned site.
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