can you get an fha loan on a manufactured home

Yes, it is possible to get an FHA loan on a manufactured home. The Federal Housing Administration (FHA) offers loan programs specifically designed for manufactured and modular homes. These loans provide affordable financing options for individuals who are looking to purchase or refinance a manufactured home.

What is an FHA Loan?

An FHA loan is a mortgage insured by the Federal Housing Administration. It is designed to help borrowers with low to moderate incomes and lower credit scores achieve the dream of homeownership. FHA loans come with more flexible eligibility requirements and lower down payment options compared to conventional loans.

FHA Loans for Manufactured Homes

When it comes to financing a manufactured home, FHA offers two types of loan programs:

  1. Title I Loans: These loans are available for the purchase or refinance of a manufactured home and the land it sits on. They provide financing for both the home and the site where it will be located. Title I loans have fixed interest rates and repayment terms up to 20 years for a single-section home and up to 25 years for a multi-section home.
  2. 203(b) Loans: This is the most common type of FHA loan and can be used for the purchase or refinance of a manufactured home that is affixed to a permanent foundation. The borrower must own both the land and the home. 203(b) loans offer various fixed and adjustable-rate mortgage options with flexible down payment requirements.

It’s important to note that FHA loans are only available for manufactured homes that meet specific HUD guidelines. The home must be built after June 15, 1976, and bear the HUD certification label to indicate compliance with manufactured home construction and safety standards.

Advantages of FHA Loans for Manufactured Homes

There are several advantages to obtaining an FHA loan for a manufactured home:

  • Lower down payment requirements compared to conventional loans
  • Flexible eligibility criteria
  • Potential for lower interest rates
  • Longer repayment terms
  • Option to include the cost of home improvements or repairs in the loan

These features make FHA loans a popular choice for individuals looking to purchase or refinance a manufactured home.

Disadvantages of FHA Loans for Manufactured Homes

While FHA loans offer many benefits, there are also some considerations to keep in mind:

  • Additional requirements for the property, such as proper permanent foundation and HUD certification label
  • Ongoing mortgage insurance premiums
  • Strict appraisal guidelines
  • Restrictions on certain property types, such as mobile homes located in a park

It’s important to thoroughly review the eligibility requirements and loan terms before deciding if an FHA loan is the right choice for your manufactured home purchase or refinance.


In conclusion, individuals looking to purchase or refinance a manufactured home can explore FHA loan programs. FHA loans provide affordable financing options with lower down payment requirements and flexible eligibility criteria. It’s important to ensure that the manufactured home meets HUD guidelines and understand the advantages and disadvantages associated with FHA loans before making a decision. Working with an experienced FHA lender can help navigate the process and provide guidance tailored to your specific circumstances.