• Conventional Manufactured Home

  For: well-qualified buyers · permanent foundation · titled to land

  Fannie Mae and Freddie Mac both offer conventional financing for manufactured homes that meet HUD code, are permanently affixed, and are titled with the land. Buyers get conventional rates and PMI rather than FHA's MIP-for-life structure.

• FHA Title II

  For: first-time buyers · land + home · lower down payments

  FHA Title II covers real-property manufactured-home loans (home and land treated as real estate). Lower down-payment requirements and more flexible credit guidelines than conventional — a strong fit for first-time buyers and rebuilders.

• FHA Title I

  For: home-only purchases · leased lots · used homes

  For the home alone — common when the home will sit on a leased lot in a community, or when the buyer is purchasing a used home without buying the underlying land. Loan-amount caps are program-specific; your AE walks through the math.

• VA Manufactured Home

  For: eligible veterans & active-duty service members

  Zero down payment for qualifying veterans. The home must be on a permanent foundation and meet VA Minimum Property Requirements. Like other VA loans, no monthly mortgage insurance — a meaningful monthly savings versus FHA.

• USDA Rural Development

  For: eligible rural-area buyers · land + home · zero down

  USDA-eligible buyers in qualifying rural areas can put zero down on a new manufactured home with land. Income limits apply; the home must be new (within the past 12 months) and meet USDA standards.

• Chattel (Home-Only) Financing

  For: leased-lot situations · community placements

  When the home isn't titled to real property — typically a leased lot in a manufactured-home community — chattel financing covers just the home. Shorter terms than real-property loans, but the right structure when a real-estate mortgage isn't available.

• Land-Home Combination

  For: buyers acquiring the land at the same time

  When a buyer needs financing for both the home and the land together — APMC structures land-home combination loans so the whole package closes at once. Useful when there's no existing mortgage on the lot.

• Refinance Options

  For: existing manufactured-home owners

  Rate-and-term, cash-out, and FHA streamline refinance options for buyers who already own a manufactured home. Especially common for owners moving from chattel financing to a real-property loan once land is acquired.

Program availability varies by state. Some programs require specific home age, condition, or foundation type. Loan-to-value and credit requirements vary by program. Your AE will walk you through what's available in your dealership's territory.