Keyword focus: manufactured home mortgage calculator
Manufactured Home Mortgage Calculator
Incorporate land leases, foundation rules, and HUD code requirements into your payment plan.
Compare manufactured home options
Model loans with land ownership, park leases, or personal property financing.
Manufactured home loans vary based on whether you own the land, convert the title, or use specialty chattel loans. This page helps you compare each path before you buy.
What to review
- Check HUD code compliance and permanent foundation requirements for mortgage eligibility.
- Compare land-lease payments versus land ownership scenarios.
- Weigh FHA, VA, USDA, and chattel loan options for manufactured housing.
Quick tips
- Convert the title
- Retire the DMV title when you place the home on permanent foundation. Lenders require it for real property loans.
- Understand park rules
- Land-lease communities may limit financing choices. Add monthly pad rent to the calculator to keep payments accurate.
- Plan for depreciation
- Manufactured homes can depreciate differently than site-built homes. Keep equity buffers in mind when choosing loan terms.
Common questions
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Can I use a conventional loan?
Yes, if the home meets Fannie Mae or Freddie Mac manufactured housing standards. Verify the HUD data plate and foundation certificate.
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What if I only own the home, not the land?
You may need a chattel loan. Model higher rates and shorter terms to see the cost difference.
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Are there age limits on the home?
Many lenders require homes built after June 15, 1976. Check the serial number before making an offer.