Get a low down payment mortgage for your manufactured home

  • A down payment as low as 3%
  • Traditional 30-year financing
  • Lower interest rates*
  • Cancellable mortgage insurance**

Finding a home that fits your budget is easier with mortgages for manufactured homes. Available through most lenders, these work similarly to mortgages for site-built homes: you own both the land the home, making it possible to build equity over time.

Most manufactured homes may be financed with a Standard MH mortgage. Manufactured homes that have features typical of traditional site-built, single-family homes may be eligible for an MH Advantage® mortgage.

Ask your lender or MH retailer for more information.†

†Disclaimer: References to third-party suppliers or to their products and services on this site, and any related hyperlinking, should not be construed as an endorsement by Fannie Mae of such third-party suppliers and/or to their products and services.

How a manufactured home mortgage works

  • Step 1

    Visit a manufactured home retailer

  • Step 2

    Customize your home and ask your retailer for MH Advantage qualifying features

  • Step 3

    Work with a participating lender to see how to qualify for a mortgage

  • Step 4

    Have your new home delivered and installed

  • Step 5

    Close your 
    mortgage loan