I had some questions about mobile home financing this week so thought I'd share some information.   We only do FHA insured loans on mobile homes now...I'm sure there are still some conventional programs out there but the rates are probably pretty outrageous.    Here are the basic guidelines for an FHA loan on a mobile home:   -Mobile home must be a double wide built after 1986 -It must be permanently affixed to the ground and on under 10 acres  -There must be an Engineer's report, Well water test(if not on city water) and Septic Inspection done.  These may be paid by the borrower or the seller but must be done and meet FHA guidelines for FHA approval which means they must be done first. 

 
Post is included in group: Austin & Central Texas Originators

2 Comments on FHA Mobile Home Financing

JUN
16
2008

I can do FHA single wides as old as 1976 here in Florida.

Conventional loans require 10% + down, but the rates aren't so bad - 7s give or take.

11:43am • #1
JUN
26
2008

I can do 1976 and later FHA too!  Send ALL FHA single wide mobile home loans in Florida to me.

Randall @ Vertical Lending 863-229-1235

11:55am • #2

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Tiffany Hentrup

Austin, TX

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KEY Mortgage

Address: 925 South Capital of TX Hwy, #B-210, Austin, TX, 78746

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