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  1. Apr 10, 2024 · If you think conventional financing of a manufactured home is right for your needs, you can start the mortgage approval process with Rocket Mortgage. You can also call us at (833) 326-6018. Manufactured homes can be an affordable option for home buyers as traditional home prices rise. Learn about getting a mobile home loan from Rocket Mortgage.

  2. Jun 20, 2024 · Title I loans allow you to finance a mobile home even if you don’t plan on buying the land the home sits on. This loan can be a good option if you plan to live in a mobile home community. Title ...

    • Cassidy Horton
  3. Aug 16, 2024 · FHA Title I and Title II loans, Freddie Mac loans, Fannie Mae loans and personal loans are some ways you can finance the purchase of a mobile or manufactured home. With the median price of homes ...

    • Emma Woodward
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  4. Sep 25, 2024 · The loan terms also differ, with a maximum of 15 years for a lot-only loan, 20 years for a single-wide home and lot, and up to 25 years for multi-section homes paired with a lot. Title II loans.

  5. Oct 1, 2024 · Generally, mobile homes are more affordable than traditional stick-built homes. The average sale price of a new manufactured home was $119,200 as of Jan. 2024, according to the U.S. Census Bureau ...

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  7. The minimum credit score required to get a mobile home loan is between 580 to 620 depending on the lender. To get a lower interest rate, you will need to have a credit score of 700 or higher. And to get the best rate, you will likely need a credit score of at least 750. Mobile Home Loan Calculator with amortization schedule to estimate the ...

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