Can I get a conventional/FHA/VA 30 year loan on a mobile Home?

Can I get a conventional/FHA/VA 30 year loan on a mobile Home?

Wholesaler · Chicago, IL · Member since 2015 · 245 posts · 102 votes

Can I get a conventional/FHA/VA 30 year loan on a mobile Home?

No bank will talk to me until they pull my credit, but i do not want an inquiry for them only to say no.

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Chris MasonPro Member
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Lender · CA · Member since 2015 · 9k+ posts · 10k+ votes
10y

No.

Manufactured home, yes, if you are getting ownership of the land with the house. 

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  • Chris MasonPro Member
    Moderator
    Lender · CA · Member since 2015 · 9k+ posts · 10k+ votes
    10y

    No.

    Manufactured home, yes, if you are getting ownership of the land with the house. 

  • Real Estate Agent · Clearwater, FL · Member since 2016 · 90 posts · 30 votes
    10y

    I have not heard of any FHA or VA happening unless it is on private land.

  • Houston, TX · Member since 2015 · 512 posts · 338 votes
    10y

    Yes, must be on land and never moved since placed there new.  Also hitches and axles removed, and ideally a perimeter foundation such as brick skirting.

  • Specialist · Springfield, IL · Member since 2011 · 700 posts · 479 votes
    10y

    I don't deal in government backed loans, but I thought - with one exception - that the home had to be on a permanent foundation and attached to the land with the land in the deal.  The exception is that 21st Mortgage has a government backed Title I program available to them that they do not use much.

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