+1 vote
I am trying to find out a consolidated explanation of possible mortgage products for a manufactured home.
asked Mar 20, 2018 in Buying a Home by David

1 Answer

0 votes
Home Buyers can purchase manufacturered homes with FHA LOANS. However, manufacturered homes needs to be permanently fixed on a concrete foundation and be HUD tagged approved. Lenders may have overlays on manufacturered home and some lenders will not do them  altogether. If you are told no by a lender or the lender requires a much higher credit scores, these are individual lender overlays and not HUD GUIDELINES.

Gustan Cho NMLS 873293
The Gustan Cho Team at USA MORTGAGE
answered Mar 20, 2018 by GustanCho (106,540 points)

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