Manufactured Home Loans

Manufactured Home Loans

First Castle FCU offers lending for manufactured home loans, and we service our own loans, which means there is faster closing than the other guys.

Our manufactured home mortgage loans:

  • Fixed Rates
  • No Pre-payment Penalties
  • Financing for New and Used Manufactured Homes
  • Permanently Fixed to property
  • Homes less than 15 years old
  • 1200 square feet or greater

Manufactured Home (not Mobile Home)

“Mobile home” actually refers to those built before 1976. While many still use “mobile home,” the actual term used to reference today’s homes is “manufactured home.”

Land Required

For a manufactured home to qualify for a conventional residential mortgage, you have to buy the manufactured home and the land it will permanently sit on.

Once the home is delivered, the wheels have to be removed, the home has to be fixed to the land, and you have to own the land it’s on.

(If you already own a manufactured home and want to buy land to put it on, we offer land loans.)

The lending options with First Castle are:

  • apply for a loan to buy the manufactured home, when you own the land
  • apply for a loan to buy the manufactured home and for a loan to buy the land
  • you own the manufactured home, and you need a loan to buy the land

Call Us to Talk About the Right Loan for Your Manufactured Home

The right loan product can get you in a home today. To help decide which loan products your need, give us a call!

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