VA Manufactured & Modular New From Dealer Construction, Existing Home Purchase, & Purchase Renovation Home Loans!

For Multiple Styles of Manufactured and modular Homes & Can Be Paired With An Extra *$50,000 Before Or After Close For Well-Qualified Borrowers.

Building or Buying, we have you covered. What’s the difference?

You would require a New Build / Construction loan to buy a new manufactured or modular home from a property dealer, developer, or contractor. When that home is not permanently fixed on your land, it will require this program.

New from the dealer requires the home to be ordered and waiting for delivery if the home is not already constructed, then delivered, set up, connected, permanently fixed, and turned into a real estate property on your homesite. We treat these loans similar to new construction, and they require draws, inspections, and a more involved process we would love to help you with.

Use your existing land that is paid off, with a loan balance, or buy land you find and roll it into the loan simultaneously. Our VA One-Time Close and VA Two-Time Close Construction loans help you accomplish your goal and take advantage of your VA Benefits.

Buying an existing home already set up on land you’ll own at closing is a standard VA home purchase. When looking to buy a double or triple-wide manufactured home, make sure the tongue and axels are removed, it’s permanently fixed to the land; the land is not rented or leased, not on family/friend land, in a mobile home park, or built before June 15, 1976, to qualify for traditional mortgage options.

Additionally, suppose you want to Renovate the home you want to buy simultaneously. In that case, this is possible through our VA Renovation program or other in-house portfolio renovation loans.

We’ll help you close on a new VA purchase or VA construction and land loan and communicate with realtors, builders, dealers, title reps, inspectors, and all parties with full knowledge of this process to ensure a smooth loan closing.

ManufacturedNationwide.com offers a full suite of VA (Veterans Administration) home loans, the most robust mortgage programs available in the United States. Whether you wish to Build, Buy, or Renovate, a VA program allows authentic 100%, zero down, zero out-of-pocket options.

We help you focus on the available options and our power over other banks. Well-qualified borrowers can pair each loan program with our in-house personal loan, offering up to *$50,000 additional funds before or after closing to use as they wish.

The Top 6 Benefits Of Using A VA Loan On Your Manufactured or Modular Home.

1. Zero Downpayment, True 100% VA Benefit Financing.

   The VA provides an authentic 100%, no money down, VA mortgage loan typically with competitive interest rates, fees, and costs associated with most other government-backed programs. We work with all property types, truly specializing and excelling in VA manufactured home loans. as well, which the majority of large banks will not finance up to 100%. As long as you meet the minimum score requirements and have full VA entitlement benefits, you can access the complete 100% loan.

2. NO Mortgage Insurance.

   FHA and Conventional Loans require PMI and Funding Fees that raise your monthly payment, not with VA mortgage loans. Removing MI means a lower payment or the ability to afford a larger home.

3. Taxes and Insurance Escrowed.

   Including your taxes and insurance in a VA home loan payment means you won't be scrambling to find the money when renewal time comes for the homeowner’s insurance agent or the tax time. Usually, these bills come at the most inopportune time, so combining them ensures you will never be at risk for force-placed insurance or real estate property tax liens.

4. Credit Scores Down To 640.

   Low credit, no active credit, some late payments, older bankruptcies, medical issues and collections, and falling on hard times many reasons that contribute to a low credit score being low. Not every VA lender will entertain financing low credit scores, yet we can do it with some finesse.

   If you are seeking a larger home and are unsure your benefits will work, we offer Super Jumbo VA Loans up to $3,000,000.00+ with the newer VA Blue Sky that removed loan limits for fully entitled Veterans. There is no jumbo loan program on the market that compares to those paired with the backing of your VA benefits.

5. VA Manufactured Renovation & Rehab Loans.

   Imagine finding a great manufactured home with a nice piece of land, walking through the door with your realtor to tour the property, and finding you don’t like the carpet, wall color, appliances, and more… This is common with about 90% of the properties anyone will tour. Now imagine walking in knowing that you have the power to finance your perfect custom remodeling options. This is what the VA Reno program offers: up to $50,000 for these updates, and many other programs we offer allow for higher than that, should you wish!

   We roll these updates from an approved contractor into your loan on top of your best-negotiated contract price so you close on one loan with the costs included. We will appraise the property as if these renovations were completed.

6. VA One-Time Close Construction on Non-Manufactured & Two-Time Close Manufactured, Jumbo, & Portfolio Construction Loan Programs.

• The best solutions available to Veterans and their spouses fall under the VA home loan benefits program. Of all manufactured loan programs, the VA loan offers the highest loan to value, competitive interest rates, and comes with no mortgage insurance at all. Most veterans looking to build their dream homes should take advantage of the VA construction loan program at every chance possible. 

• Sometimes, Real Estate Agents will turn away this loan type, which means you’re working with the wrong realtor because they are the strongest of all government-backed home loan programs. Every program offered through the VA allows for 100% or higher in loan financing. We provide the complete 100% OTC construction loan. Buy your land and home in one loan, not three separate transactions. 

• The VA construction loan comes with fewer reports required for manufactured homes; if this is your chosen build choice, it moves much faster than both the FHA & USDA versions of the OTC. You will even be able to finance large tracts of land and have certain exceptions granted that you will not find in conventional, FHA, or USDA types. The VA loan has no location or income restrictions, but it has certain DTI (debt-to-income) restrictions.

• Jumbo options are offered for High-Balance counties under conventional programs, as well as VA Jumbo Construction loans for up to $3,000,000+.

Our process is quick and straightforward; we want to help you create a smooth home purchase experience. Check your eligibility or call us to speak directly to our Top Rated National VA Mortgage Lender. We’re eager to help you with your new home purchase, and thank you for your service to our country!

*We do not offer loans for any property placed on rented land, in mobile home parks, or on family land. We do not offer to finance any property not permanently fixed to land before closing unless under our new build/construction programs for newly manufactured home models. *We do not offer new Dealer Manufactured Home Loans in New York. Modular and Site Built land and home construction is allowed in all 50 states.

TOUGH VA MANUFACTURED HOME PURCHASE LOANS DON'T SCARE US!

We Are Dedicated To Helping You Achieve The Loan You Desire.

Manufactured Nationwide is proud to present hard-working bankers who roll up their sleeves to deliver outstanding solutions. With programs available to those turned down by other banks or needing a focused banker ready to listen and fight for your loan. We stand at the ready, bringing over 100 years of mortgage industry knowledge to achieve your goals. From double to triple-wide, from Barndominium to SIP Panel Construction, you can build, buy, refi, or renovate with Manufactured Nationwide's custom-tailored loans.