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can you get an fha loan when the house is a manufactured home?

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Icon Mini Profile amslegh





Joined: 08 Dec 2009

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Post Posted: Tue Dec 08, 2009 1:02 pm    Post subject: can you get an fha loan when the house is a manufactured hom
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i am looking at buying a manufactured home. i want to get the fha loan to fix some things and get appliances. the bank i am going through said i might not be able to get the fha loan because the home is manufactured, but i have read on the internet that you can get the loan it doesnt matter if its a manufactured home. does it matter what type of house it is??
Icon Mini Profile adonis
adonis




Joined: 22 Oct 2005



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Location: ALASKA
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Post Posted: Tue Dec 08, 2009 10:28 pm    Post subject:
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Welcome amslegh,

As far as I know, FHA approved lenders will be able to make loans to borrowers under the Title I program to finance the purchase or refinance of a manufactured home or lot. I would suggest you speak to few other FHA approved lenders to check out if you can get a loan. This community also has a large number of lenders. You can seek a no obligation free mortgage consultation from them in order to know whether or not you would qualify for a loan.

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