FHA Manufactured Home Loan
EWMortgage.com hard working team of mortgage brokers are working by your side to make sure you are informed with the FHA manufactured home loan. Dealers or retailers that sell their homes that get purchased are manufactured homes. FHA loan for manufactured homes is eligible for borrowers to finance their homes, if the borrower ever defaults; FHA insures the lender against the loss.
FHA Manufactured Loan Terms
The maximum loan amount of a manufactured home offered to consumers is $48,600; the maximum loan term of this loan is for 20 years. An eligible FHA manufactured home must meet the National Manufactured Home Construction and Safety Standards, carry a one-year manufacturer's warranty if it is a new manufactured home. If you are trying to obtain a manufactured home loan with the right type of loan, FHA might be the ideal solution for you.
FHA home loan program is dedicated to expanding homeownership and home buying opportunities through the Federal Government. To qualify for the FHA home loan it is best for consumers to have a good credit history and an adequate income. As a consumer you won't go wrong if you choose to obtain a FHA home loan with us, we will be with you every step of the way. We want to make sure that all of our consumers can become educated as to the best FHA home loan and packages that are available to them.
