Residential
Manufactured Home Loans
Dreaming of owning a home but prefer the affordability and flexibility of manufactured housing? CMRE's Manufactured Home Loans offer a pathway to homeownership with competitive rates, starting at 6.875%, and flexible terms designed to fit your unique needs. Let us help you navigate the process and find the perfect loan for your manufactured home.
Program Benefits
Competitive interest rates starting at 6.875% for qualified borrowers.
Lower down payment options are available, making homeownership more accessible.
Streamlined application and approval process for faster closing times.
Flexible loan terms to fit your budget and financial goals.
Expert guidance from CMRE's experienced loan officers throughout the entire process.
Opportunity to own a comfortable and affordable home with customizable features.
Program Highlights
Max LTV
97%
Min Credit Score
620
Max DTI
55%
Loan Amount Range
$50K - $500K
Amortization Options
Eligible Properties
- Manufactured Homes (new and pre-owned)
- Modular Homes
Program Requirements
Income Documentation
- •Stable and verifiable income history required.
- •Sufficient income to cover monthly mortgage payments, property taxes, and insurance.
- •Debt-to-income ratio will be assessed to ensure affordability.
- •Documentation such as pay stubs, W-2s, and tax returns may be required.
Asset Verification
- •Sufficient assets to cover down payment, closing costs, and reserves.
- •Verification of asset sources, such as bank statements or investment accounts.
- •Gift funds may be acceptable with proper documentation.
- •Assets will be assessed to determine financial stability.
Insurance & Title
- •Hazard insurance is required to protect the property against damage.
- •Flood insurance may be required if the property is located in a flood zone.
- •Proof of insurance coverage must be provided prior to closing.
- •CMRE can assist in finding appropriate insurance coverage.
Property Requirements
- •Minimum FICO score of 620 required.
- •Credit history will be reviewed to assess creditworthiness.
- •A history of responsible credit management is preferred.
- •Lower scores may require a larger down payment or higher interest rate.
Application Process
Six simple steps from application to funding
Application
Complete our streamlined online application form with your financial information
Document Review
Submit required documentation for verification and processing
Pre-Approval
Receive conditional approval and loan terms based on your profile
Title & Escrow
Open escrow and complete title search and insurance requirements
Appraisal & Final Review
Property appraisal completed and final underwriting approval received
Funding
Sign final documents and receive your loan funds
Application
Complete our streamlined online application form with your financial information
Document Review
Submit required documentation for verification and processing
Pre-Approval
Receive conditional approval and loan terms based on your profile
Title & Escrow
Open escrow and complete title search and insurance requirements
Appraisal & Final Review
Property appraisal completed and final underwriting approval received
Funding
Sign final documents and receive your loan funds
Why Choose Custom Mortgage?
Your trusted partner in real estate financing
Extensive Experience
Over 25 years of proven expertise in mortgage lending and real estate financing
Comprehensive Loan Options
Wide range of programs from conventional to specialized non-QM and hard money solutions
Nationwide Coverage
Licensed in multiple states with the ability to fund loans across the country
Flexible Solutions
Customized financing options for unique situations that traditional lenders decline
Competitive Rates
Access to wholesale pricing and volume discounts passed directly to our clients
No Upfront Fees
Transparent pricing with no application fees or upfront costs to get started
Frequently Asked Questions
The minimum down payment can vary depending on the loan program and your individual qualifications. In some cases, down payments as low as 3% may be possible. Contact CMRE to discuss your specific situation and explore your options.
While manufactured home loans may have slightly different requirements, they are not necessarily more difficult to obtain. With a good credit score, stable income, and sufficient assets, you can qualify for a manufactured home loan. CMRE specializes in helping borrowers secure financing for manufactured homes.
Yes, refinancing your manufactured home loan is possible. Refinancing can help you lower your interest rate, reduce your monthly payments, or shorten the term of your loan. Contact CMRE to explore your refinancing options.
Sam K.
Senior Loan Strategist
With over 15 years in the mortgage industry, Sam specializes in complex jumbo and non-qm financing solutions, helping clients navigate unique financial landscapes.
NMLS #12345 | Certified Mortgage Advisor (CMA)
TESTIMONIALS
Success stories from families and investors across the nation who achieved their goals with CMRE.
"I've been working with Custom Mortgage and Real Estate for over five years now, and they've totally helped me get through a bunch of tricky transactions. Their team is super helpful all the way through, making sure everything goes off without a hitch. I seriously recommend Custom Mortgage to anyone who needs financing or a solid real estate broker."
RENE M
"I just worked with Custom Mortgage and Real Estate, and seriously, I can't recommend them enough. They have helped my family and me with a bunch of transactions, always receiving results that nobody else could. Their team is super responsive and really experienced, which made everything go through smoothly with no stress at all."
ARTHUR G
"As an investor in real estate and an agent, I totally count on Custom Mortgage and Real Estate for my deals since they've got loads of experience. They have these unique programs that I just can't find anywhere else, and it really gives me an advantage. After researching a number of companies, the offers from Custom Mortgage were the best out there."
