Rural Financing, Out Where The Land Is.
USDA financing on a manufactured home in an eligible rural area, from a 620 credit score.*
Rural housing financing, if the address qualifies.
Two tests decide it: where the home sits, and what the household earns.
- Purchase financing on an eligible rural property
- Manufactured home qualifying starts at a 620 credit score*
- First-time and repeat buyers welcome
- Purchase or rate and term refinance. Cash out is not offered*
- Multi-width homes are widely accepted. At least one program also allows single-width*
- Household income must fall under the moderate-income limit for your area*
Qualifying starts at a 620 credit score*
Buy or refinance without cash out
Owner occupied homes only
The property must sit inside a designated eligible rural area
Land must be owned outright rather than leased*
One unit only. Two to four unit properties are not eligible
What is the Saxton USDA Manufactured Home Loan?
Government backed rural financing on a manufactured home
The Saxton USDA Manufactured Home Loan is rural housing financing on a manufactured home. It is the least cash-intensive route into a home for the households that qualify.
Two gates decide eligibility, and neither is about you. The property has to sit inside a designated eligible rural area, and your household’s adjusted income has to fall below the moderate-income limit published for that area. Plenty of places that do not feel rural still qualify.
On the home itself the rules are strict. Multi-width homes are accepted everywhere this program is offered, and at least one program also lists single-width manufactured housing as eligible. The land has to be owned rather than leased. One unit only. Purchase and rate and term refinance are available; cash out is not offered on this program at all.*
Why choose the Saxton USDA Manufactured Home Loan?
Built for rural households buying the most affordable new home on the market.
Less Cash To Close
This is the least cash-intensive route into a home for the households that qualify, and that is the whole reason the program exists.*
Check The Address First
Eligibility is decided by the property address, so the first question is where the home sits rather than what you earn.
If You Are Under The Cap
The income limit rules some households out. If yours falls under it, this is usually the least expensive way into a home available anywhere.
Width Rules Vary By Program
Width rules are not the same everywhere. At least one program lists multi-width and single-width manufactured housing as eligible property types on rural housing financing, while another lists double-width only. Confirm which product your file is going to before you rule a single-width home out.
No Cash Out
This program covers purchase and rate and term refinance only. Cash out is not available.*
Land, Not A Lease
The home has to sit on land that is owned. Manufactured homes on leasehold property are not eligible.
Hear From Homeowners Like You
Frequently Asked Questions
Straight answers about USDA financing on a manufactured home.
Saxton Mortgage does. We offer USDA purchase loans on new manufactured homes, and USDA refinances of an existing USDA loan on a manufactured home, on a one-unit home you live in. The property must be in a rural area as defined by USDA.
Eligibility is by address, using the USDA property eligibility map. A great many suburban-feeling areas still qualify, so it is worth checking a specific address rather than assuming. A licensed loan officer can check it in a minute.
Less than most programs ask for, though never nothing. Closing costs, prepaid taxes and insurance, and escrow items still have to be covered. Some of those can be met through seller concessions or financed where the program allows. Your loan officer can give you a working figure once the property and the offer are known.*
Multi-width homes on land you own. Single-width homes are eligible under at least one program and excluded under others, manufactured homes on leased land are not eligible, and mobile homes are not eligible. The appraiser will photograph the HUD data plate and certification label, and on a new home will also complete a cost approach. At least one program also sets a size floor of 700 square feet, requires fee simple ownership, and will not accept a manufactured date more than 20 years old at the note date. The home has to sit on a permanent foundation built to the manufacturer’s requirements and HUD installation standards, and be classified as real property. A unit still carrying its tow hitch and running gear is not eligible.
A 620 credit score for a manufactured home. That is higher than the floor USDA applies to a site built home, and it is a manufactured-housing specific requirement rather than a general one.
Your household’s adjusted income has to fall below the moderate-income limit published for your area, and the trap is who counts toward it. Annual income from all adult household members has to be certified, not only the people on the note, and IRS transcripts are required for those household members. An adult living with you who will never be on the loan can still put the household over the limit.
No. This program covers purchase and rate and term refinance only.*
No. One unit, and you have to live in it. Two to four unit properties are not eligible on rural housing financing.
Yes. A USDA loan can finance a manufactured home when the home and the site both meet the program rules. The home has to be built after June 15, 1976, sit on a permanent foundation with the towing hitch, wheels and axles removed, be titled and taxed as real property, and carry its HUD Certification Label and HUD Data Plate. It needs at least 400 square feet of living area, and a structural engineer certifies that the foundation was designed for a permanently installed dwelling. You live in it as your primary residence, the address falls inside a USDA eligible area, and the 620 credit score described above applies.
The USDA manufactured home program is built around new units. The standard path is a home less than 12 months old that has never been occupied, bought from the manufacturer or dealer and installed new at the site. USDA will not guarantee the purchase of an existing manufactured home that was moved from another location, and an existing manufactured home with additions or structural modifications is not eligible. A refinance of an existing manufactured home is possible only when the current loan is already USDA guaranteed. If the home you want is a few years old, an FHA manufactured home loan or, if you are eligible, a VA manufactured home loan may fit it instead.
No, and the difference matters. A manufactured home is built on a permanent chassis to the federal HUD code and carries a HUD label. A modular home is built in sections in a factory, assembled on site to the same state and local building code as a site built house, and carries no HUD label. Modular, prefabricated, panelized and sectional homes finance as site built homes, so the manufactured housing rules on this page, including the new unit requirement and the 400 square foot minimum, do not apply to them. If your home is modular, start with our modular home loan page.
Find out what you qualify for
Whether you’re buying or refinancing, there’s likely a Saxton USDA Manufactured Home Loan program that fits. Get a fast, no-obligation pre-qualification today.
Get Pre-Qualified*Loan amounts, rates, terms, and down payment requirements are subject to credit approval, income and asset verification, and program eligibility. Rural housing financing is governed by USDA area loan limits and income limits rather than by conforming loan limits. Down payment and cash-out limits vary by occupancy, credit score, and documentation type. Not all applicants will qualify. Saxton Mortgage, LLC is an Equal Housing Lender.