can i buy a manufactured home with an fha loan

Yes, you can buy a manufactured home with an FHA loan. The Federal Housing Administration (FHA) offers loans specifically designed for manufactured homes, making homeownership more accessible and affordable for those interested in purchasing this type of property.

FHA Loan Basics

FHA loans are government-backed mortgages that are insured by the FHA. They are popular among homebuyers, especially first-time buyers, because they have more flexible qualification criteria compared to conventional loans.

  • FHA loans typically require a lower down payment compared to conventional loans.
  • The credit score requirements for FHA loans are generally more lenient.
  • FHA loans also allow for higher debt-to-income ratios, making it easier for buyers with existing debts to qualify.

Manufactured Homes and FHA Loans

Manufactured homes are prefabricated houses that are built in a factory and transported to a specific location. These homes differ from traditional stick-built homes in certain aspects, such as construction standards, transportation, and installation.

If you’re interested in buying a manufactured home, FHA loans provide several advantages:

  1. FHA loans can be used for both the purchase of a new manufactured home and the refinance of an existing one.
  2. Manufactured homes financed with FHA loans must be built on a permanent foundation and meet specific safety and quality standards.
  3. Borrowers can choose between adjustable-rate and fixed-rate FHA loans when financing their manufactured homes.

It’s important to note that not all lenders offer FHA loans for manufactured homes. You’ll need to find a lender who is approved by the FHA to offer these types of loans.

Loan Requirements for Manufactured Homes

When applying for an FHA loan to purchase a manufactured home, there are certain criteria you must meet:

  • The manufactured home must be classified and taxed as real estate.
  • The home should have a minimum floor area of 400 square feet.
  • The property should be your primary residence.
  • You’ll need to provide documentation showing your income, employment history, and creditworthiness.
  • A down payment of at least 3.5% of the purchase price is usually required.

The FHA Title I Loan

Another option for financing a manufactured home is the FHA Title I loan. This loan program is specifically tailored for home improvements and the purchase of manufactured homes.

Highlights of the FHA Title I Loan:
Loan amounts up to $92,904 for a single-unit manufactured home.
No minimum credit score requirement.
Fixed interest rates.
Loan terms up to 20 years for manufactured homes and up to 15 years for home improvements.


If you’re considering buying a manufactured home, an FHA loan can be a great option. These loans offer more flexible qualification criteria and lower down payments compared to conventional loans. To increase your chances of obtaining an FHA loan, make sure the manufactured home meets the necessary requirements and work with an FHA-approved lender who is experienced in financing manufactured homes. With the right lender and loan program, you can achieve your goal of becoming a homeowner with an FHA loan for a manufactured home.