47+ Fha Loan For Mobile Home Pics. Start with your real estate agent if you're not sure who to ask, or reach out to employees and residents at mobile home parks and people you know who have borrowed money to buy manufactured housing. While indicators show conventional lending markets are still feeling the effects of the housing slump the fha has taken a larger role in helping consumers get affordable home loans.
Fha loans are easier to qualify for than many other mortgages. Fha home loan is a government loan that is perfect for first time homebuyers. The federal housing administration, or fha, offers home loans that can help you make repairs, tap into home equity and more.
While indicators show conventional lending markets are still feeling the effects of the housing slump the fha has taken a larger role in helping consumers get affordable home loans.
A federal housing administration (fha) loan is an option for those seeking to buy a manufactured home and who cannot qualify for a conventional mortgage. You can use our home affordability calculator to see approximately how much house you can qualify for. Benefits and drawbacks of an fha loan. These loans come with terms of up to 30 years and allow for down payments as low as 3.5%.