What credit score do I need?
Requirements depend on the program. Home-only lenders work with a range of credit profiles, while FHA, USDA, VA, and conventional programs have their own guidelines.
Manufactured home financing, explained plainly
Learn the differences among home-only loans, land and home mortgages, construction-to-permanent loans, and investor financing.
Common financing questions
How much do I need down?
Down payments vary by borrower and program. Home-only loans often begin around 5–10%, some qualified government-backed programs may be lower, and investors should generally plan for 20% or more.
Can I finance a home for land I already own?
Yes. Owning land outright can strengthen an application and may reduce the cash required at closing, depending on the lender and program.
Do you finance used or repossessed homes?
Financing options for used homes are more limited, but programs do exist. Availability depends on the specific home and applicant.