Search found 2 matches
- Thu Feb 14, 2008 2:48 pm
- Forum: Ask The Manufactured Housing Expert
- Topic: FHA Financing on manufactured home/land
- Replies: 17
- Views: 11329
Re: FHA Financing on manufactured home/land
Yeah.. thats what i found too. Based on my research, the difference i'm finding is the title 1/2 loans are on manufactured homes without permanent foundation. You can get a 203b insured by FHA provided the foundation is approved and inspected by an engineer to meet certain requirements. They also re...
- Thu Feb 14, 2008 12:56 pm
- Forum: Ask The Manufactured Housing Expert
- Topic: FHA Financing on manufactured home/land
- Replies: 17
- Views: 11329
FHA Financing on manufactured home/land
I'm doign some research on how to get an FHA loan for a land/home purchase and the information i'm finding is that you can get a Title 1 or 2 FHA loan. The loan limits on these loans are completely out of whack with actual costs i.e. "The maximum loan amounts are $48,600 for a manufactured home...