Compare Mortgage Quotes

Refinance Rates for Today

Please enable JavaScript for the best experience.

In the mean time, check out our refinance rates!

Company Loan Type APR Est. Pmt.

What is adequate housing classified as by the USDA?

I currently have a 1986 double-wide manufactured home in my name that is fully owned, but my husband and I are wanting to buy another home that better suits our family's needs. Is there an easy answer as to whether or not the USDA considers double-wides as adequate housing? The home does have a permanent foundation and we live in NC. Could he get a USDA guaranteed loan only in his name although I would still have the double-wide in mine? Any help would be appreciated. Thanks!

Niicss's picture
Niicss | Joined: October 3, 2005 11:54 pm | Posts: 0 | Location: New Jersey | 00 Dollars($)

As far as I know, if the property is located in a rural area, then you would be able to get a USDA mortgage for buying a double wide home. However, you should meet all the other required criteria of the lender in order to get the mortgage.

Like | Dislike | Share | Posted: Fri, 02/05/2016 - 02:57 | Post subject:

Anonymous's picture
Anonymous | Joined: June 8, 2004 01:06 am | Posts: 0 | Location: New Jersey | 00 Dollars($)

I am not purchasing another double wide home. I will be purchasing a single family, stick-built home to use as my primary residence. I have read that you may have trouble getting a USDA guaranteed mortgage if you already own a home unless the owned home is considered "inadequate". I also read that single-wide trailer homes are not considered adequate by the USDA, so you can own one and finance another home with a USDA guaranteed mortgage. I was wondering if the same applied to double-wide homes since that is what I now own.

Like | Dislike | Share | Posted: Fri, 02/05/2016 - 02:57 | Post subject:

Anonymous's picture
Anonymous | Joined: June 8, 2004 01:06 am | Posts: 0 | Location: New Jersey | 00 Dollars($)

In my opinion, the rules are same for all the properties. If you can prove that your present property is inadequate for you, then you would be able to qualify for a USDA loan.

Like | Dislike | Share | Posted: Fri, 02/05/2016 - 02:57 | Post subject:

Page loaded in 0.430 seconds.