can you buy a mobile home with an fha loan

Yes, you can buy a mobile home with an FHA loan. The Federal Housing Administration (FHA) offers loan programs that allow individuals to purchase mobile homes, providing an accessible financing option for those in need of affordable housing. With an FHA loan, you can enjoy the benefits of homeownership and the flexibility of living in a mobile home.

FHA Loan Requirements for Mobile Homes

In order to qualify for an FHA loan to purchase a mobile home, there are certain requirements that borrowers need to meet. These requirements include:

  • The mobile home must be classified as real estate and located on a permanent foundation.
  • The borrower must own or be purchasing the land the mobile home is situated on.
  • The mobile home must be built after 1976 and meet the Federal Manufactured Home Construction and Safety Standards.
  • The borrower must have a credit score of at least 580. However, borrowers with a credit score between 500 and 579 may still be eligible with a 10% down payment.
  • The loan must meet the FHA’s loan limit requirements for the specific area.

Meeting these requirements ensures that the mobile home meets certain standards of safety, quality, and eligibility for an FHA loan.

Benefits of Buying a Mobile Home with an FHA Loan

Buying a mobile home with an FHA loan offers several advantages:

  1. Low down payment: FHA loans typically require a down payment of only 3.5% of the purchase price, making it more affordable for buyers with limited cash reserves.
  2. Flexible credit requirements: While a higher credit score is preferable, FHA loans are available to borrowers with lower credit scores, making homeownership accessible to a wider range of individuals.
  3. Competitive interest rates: FHA loans offer competitive interest rates, allowing borrowers to secure affordable financing for their mobile home purchase.
  4. Fixed-rate options: FHA loans provide fixed-rate mortgage options, providing stability in monthly payments throughout the loan term.

These benefits make FHA loans an attractive option for individuals looking to buy a mobile home.

The Process of Buying a Mobile Home with an FHA Loan

When buying a mobile home with an FHA loan, the process typically involves the following steps:

  1. Pre-approval: Contact a lender and get pre-approved for an FHA loan. This step involves providing necessary documentation, such as income proof, credit history, and financial information.
  2. Home shopping: Begin your search for a mobile home that meets the FHA loan requirements. Ensure that the mobile home is situated on a permanent foundation and is compliant with the safety standards.
  3. Offer and contract: Make an offer on the mobile home you wish to purchase and negotiate the terms of the contract with the seller.
  4. FHA appraisal: The lender will order an FHA appraisal to assess the value and condition of the mobile home. This is to ensure it meets the FHA’s safety and quality standards.
  5. Loan processing: Once the appraisal is completed and the loan is approved, the lender will process the loan application and gather any additional required documentation.
  6. Closing: Attend the closing, sign the necessary paperwork, and finalize the purchase of the mobile home.

Following these steps will help facilitate a smooth process for buying a mobile home with an FHA loan.

Considerations for Buying a Mobile Home with an FHA Loan

Before buying a mobile home with an FHA loan, there are a few important considerations to keep in mind:

  • Property location: Ensure that the location allows for the type of mobile home you desire and is compliant with all zoning regulations.
  • Maintenance and repairs: Understand the responsibilities and costs associated with maintaining and repairing a mobile home.
  • Insurance: Look into obtaining homeowners insurance for your mobile home to protect your investment.


Buying a mobile home with an FHA loan offers an accessible and affordable path to homeownership. The FHA loan program provides financing options for eligible individuals looking to purchase a mobile home that meets specific safety and quality standards. With lower down payments, flexible credit requirements, and competitive interest rates, FHA loans make it possible for more people to achieve their dreams of owning a home. However, it is essential to consider the location, maintenance, and insurance requirements before moving forward with an FHA loan for a mobile home purchase. Taking these considerations into account can help ensure a successful and satisfying homeownership experience.