Manufactured Home Loans in Ohio

Financing options for eligible manufactured homes throughout Zanesville, Coshocton, Cambridge and Eastern Ohio. Concorde Mortgage offers several financing options for qualifying manufactured homes in Ohio. The right program depends on the property, your military eligibility, credit profile, income and available down payment. 

Program Options -

• USDA: 0% down for eligible borrowers; manufactured home must generally be 2006 or newer. 
• VA: 0% down for eligible veterans, service members and surviving spouses. 
• FHA: Down payments starting at 3.5% for qualified borrowers. 
• Conventional: Down payments starting at 5% for qualified buyers.

 Basic Manufactured Home Requirements -

Manufactured-home financing has additional property requirements that do not normally apply to site-built homes. The home and property must meet the requirements of the selected loan program.  

• Manufactured in 1976 or later 
• Double-wide or larger 
• HUD certification label attached to or documented for the home 
• Permanently installed on an approved foundation 
• Titled and deeded as real estate 
• No unapproved room additions 
• Acceptable dwelling-to-land value 
• Structural certification when required 
• Minimum credit requirements apply

 Who Qualifies for a Manufactured Home Loan?

Manufactured home loans may be available to first-time buyers, repeat buyers, veterans and rural homebuyers who meet the requirements of the selected mortgage program.

You may qualify if you:

• Plan to use the home as your primary residence
• Have steady, documentable income
• Meet applicable credit requirements
• Have manageable monthly debts
• Can provide the required down payment, unless eligible for USDA or VA 0% down financing
• Purchase a qualifying manufactured home permanently attached to approved real estate
• Meet the individual requirements for USDA, FHA, VA or conventional financing

You do not need perfect credit or a large down payment to explore your options. Concorde Mortgage will review both the borrower and the property, compare available loan programs and explain which financing options may work for you.