Complete the short questionnaire above to determine which down manufactured home loan is the best fit for your situation. A loan professional at Diamond Residential Mortgage Corporation will review the information you submit and guide you to the best loan solution.
The DRMC Manufactured Housing Home Loan Program is designed to provide affordable and flexible financing options to people looking to purchase a manufactured home. Our program offers competitive interest rates and various loan options, including loans for individuals with less-than-perfect credit.
With DRMC, you can enjoy a hassle-free application process, expert guidance from our team of dedicated loan officers, and personalized service tailored to meet your specific needs. We are committed to helping our clients achieve their dream of homeownership and providing a smooth and seamless experience every step of the way.
At DRMC, our conventional manufactured housing loans may come with competitive interest rates and flexible repayment terms, making them a more affordable and flexible option compared to other types of manufactured housing loans.
For borrowers with good credit, balanced income, debt, and funds for a down payment, they are often the least complicated way to get the most flexible mortgage options.
In addition to meeting all the standard conventional lending guidelines, loan must also meet the following minimum guidelines:
At DRMC, we also offer FHA manufactured housing loans with more flexible credit and income requirements. These loans are insured by the Federal Housing Administration (FHA), which can provide added security to both lenders and borrowers. FHA loans typically come with lower down payment requirements and more flexible credit and income qualifications than conventional loans, making them an attractive option for those who may not qualify for a conventional loan.
In addition to meeting all the standard FHA lending guidelines, loan must also meet the following minimum guidelines:
DRMC also offers USDA manufactured housing loans to help eligible rural homebuyers finance the purchase of a manufactured home with more affordable terms. These loans are insured by the U.S. Department of Agriculture (USDA) and are designed to help those who may not qualify for conventional loans or FHA loans.
USDA loans often offer more flexible credit and income requirements, low-interest rates, and lower down payment options. As an experienced lender, we can help our clients navigate the USDA loan process and find the best financing options for their needs.
In addition to meeting all the standard USDA lending guidelines, loan must also meet the following minimum guidelines:
OR
We also offer VA manufactured housing loans to help active-duty military, veterans, and eligible spouses finance the purchase of a manufactured home. These loans are guaranteed by the U.S. Department of Veterans Affairs (VA) and often come with competitive interest rates, no down payment requirements, and more flexible credit and income requirements.
VA loans can be a great option for those who have served our country and are looking to purchase a manufactured home.
In addition to meeting all the standard VA lending guidelines, loan must also meet the following minimum guidelines:
Whether you already own the land or are looking to acquire the land to place the manufactured home, you will need a construction loan. The construction loan is a short term loan that helps buyers bridge the finance between purchasing the manufactured home from the dealer and getting the home permanently affixed to the land.
At DRMC we offer a one-time close solution. The guidelines are based on the conventional loan guidelines.