Ideal for borrowers with higher credit scores, the Conventional Loan requires a 5% down payment. It provides competitive terms and flexibility suitable for various property types, including manufactured homes.
For eligible borrowers, Guild Mortgage offers USDA and VA loans with 0% down payment required. The USDA Loan supports rural homebuyers based on income and property location, while VA Loans benefit veterans, active-duty service members, and certain military spouses with competitive rates and flexible credit requirements.
Guild Mortgage provides financing options like the FNMA MH Advantage Program and FHLMC CHOICEHome, both requiring a 3% down payment. These programs cater to manufactured homes meeting specific construction standards, offering affordable financing with favorable terms and low initial costs.
Backed by the Federal Housing Administration, Guild's FHA loans require a 3.5% down payment. These loans are designed for first-time homebuyers and those with less-than-perfect credit, providing accessible paths to homeownership with lower initial costs.
Discover flexible financing options with Guild Mortgage, tailored to make homeownership achievable for all, including those interested in manufactured homes. With low down payments and credit score options starting as low as 540 for certain programs, Guild Mortgage ensures your path to owning a home is within reach, regardless of your financial profile.
All loans subject to underwriter approval; terms and conditions may apply. Subject to change without notice.
Unlock the possibilities of affordable homeownership with Guild's manufactured home financing options—your pathway to a dream home! 🏡
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Traditional home financing may not always cater to the unique needs of manufactured homebuyers. Our Manufactured Home Loan Programs provide tailored solutions, offering affordable paths to homeownership with options like FHA, conventional, and USDA loans. With competitive rates and flexible down payment requirements, our programs are designed to make your dream of owning a manufactured home a reality.
This calculator is offered for illustrative and educational purposes only and it is not intended to replace a professional estimate. Calculator results do not reflect all loan types and are subject to individual program loan limits. All calculations and costs are estimates and therefore, Guild Mortgage (“Guild”) does not make any guarantee or warranty (express or implied) that all possible costs have been included. The assumptions made here and the output of the calculator do not constitute a loan offer or solicitation, or financial or legal advice. Please connect with a Guild loan professional for a formal estimate. Every effort is made to maintain accurate calculations; however, Guild assumes no liability to any third parties that rely on this information and is not responsible for the accuracy of rates, APRs or any other loan information factored in the calculations.
Our Manufactured Home Loan Programs provide accessible financing options with competitive rates, low down payments, and simplified processes. Follow four straightforward steps to turn your homeownership dreams into reality!
Begin by getting pre-approved for a manufactured home loan. This involves submitting basic information such as income, employment history, credit score, assets, and liabilities to the lender for evaluation.
Once pre-approved, you can start searching for a manufactured home that meets your needs and budget. Consider factors such as location, size, amenities, and customization options.
Complete the formal loan application provided by the lender. You'll need to provide detailed information about the property, your financial situation, employment history, and any other relevant details.
Gather and submit necessary documentation to support your loan application. The lender will order an appraisal of the manufactured home to determine its value. This appraisal is crucial for finalizing the loan amount and terms.
The lender will conduct a thorough review of your application, documentation, and the property appraisal. If your loan application is approved, you'll receive a loan commitment from the lender outlining the terms and conditions. Review these carefully, sign the necessary documents, and complete the closing process.
Applicant subject to credit and underwriting approval. Not all applicants will be approved for financing. Receipt of application does not represent an approval for financing or interest rate guarantee. Restrictions may apply.
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Guild's manufactured home loan programs offer accessible pathways to homeownership, providing affordable financing options with down payments as low as 0% and credit scores starting at 540. Say hello to your dream home, tailored to your budget and needs!
Guild's manufactured home loan programs cover single, double, and triple-wide homes manufactured on or after June 15, 1976. These homes must be transported directly from the manufacturer to the site to be eligible for financing.
Conventional manufactured home loans typically require a 5% down payment, while government-backed programs like FHA, FNMA MH Advantage, and FHLMC CHOICEHome offer down payment options as low as 3% to 3.5%, making them more accessible to borrowers with varying financial situations.
Guild offers financing options with credit scores starting as low as 540 for manufactured home loans. However, credit score requirements may vary depending on the specific loan program and the lender's guidelines.
Yes, Guild's manufactured home financing allows for customization options similar to traditional single-family homes. You can personalize your home with features such as driveways, carports, detached garages, porches, and other amenities to suit your preferences.
The application process typically involves gathering financial documentation, such as income verification, asset information, credit history, and details about the manufactured home you intend to purchase. Guild's loan officers will guide you through the application process, helping you choose the right loan program and assisting with required documentation.
Starting your road to homeownership is literally a click away. Start today!
Getting approved for a VA loan begins with taking a look at your unique situation.
Getting approved for a VA loan begins with taking a look at your unique situation.