Buying a Manufactured Home in Arizona


 

By Joseph Small

Manufactured Home Tucson Arizona

Phoenix / Tucson: Arizona Manufactured Home Loans – As you begin to search for your new Arizona home, you will notice a wide variety of homes and price ranges. One option that some find very appealing is a manufactured home. These homes, once primarily known as “mobile homes”, have long been a less-expensive housing option for Arizona homebuyers, especially in smaller communities around Tucson and Phoenix.

Today’s manufactured homes are a far cry from the old single wides of the 1960s-70s. Manufactured homes today offer a wide variety of features and typically cost less than a stick built home. They can be financed with FHA, Conventional, as well as with a VA home loan.

Before You Start to Look for a Manufactured Home

Before you start to look for any home, you should always speak to a lender and get pre-qualified. Manufactured home loans are a little bit harder to come by because only a few lenders have products for them. Guild Mortgage Company is one lender that will. Click here to learn more: Manufactured home loans in Arizona.

Things to Expect When Buying a Manufactured Home

Now that you have your financing in place, there are a few items that may be required along the way; such as a clear termite report, a septic certification (if it is on a septic system), a well certification (if it is on a well) – and some lenders or programs may have restrictions on how many homes can be connected to a well – and a private road maintenance agreement (if on a non-maintained county road or easement. Each lender or program may have these restrictions, as well as others. So it is very important to not only find a good lender that has done quite a few manufactured home loans, but to communicate with them about all of these little particulars.

Tucson Arizona Manufactured Home Loan program

Loan Features

Financing available using FHA, VA and Conventional loan financing

Financing available up to 100% using VA financing

Minimum FICO is 620

Maximum loan amount of $417K

Purchase or rate & term refinance transations only

 
All loans are subject to underwriter final approval, terms and conditions may apply. Subject to change without notice. Always consult an Accountant or Tax Advisor for full eligibility requirements on tax deductions.
 

Tucson /S. Arizona: (520) 303-5620 Phoenix /N. Arizona (480) 648-1733

If you have any questions on manufactured home financing, then please give us a call. My team and I are here to help you.

Joseph Small and his Team at Guild Mortgage Co. helps Tucson and Phoenix Homeowners and Buyers with all their Manufactured home mortgage loan needs. From VA to FHA to Conventional loans on Manufactured homes. Also proudly serving other cities throughout Arizona. Give them a call today! Maybe one day you too will say, “Joe’s My Lender!”

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