Manufactured Homes

Manufactured & Modular Home Mortgages

What are Manufactured & Modular Home Mortgages?

Manufactured homes are factory-built residences made after June 15, 1976 that are required to meet safety standards referred to as the HUD code. Modular homes are factory-built and assembled on-site. Instead of the HUD code, they are subject to the same city and uniform construction codes as site-built homes and are typically installed on a concrete foundation and cannot be moved.


Refinancing a home can be a difficult process, especially for manufactured and modular homes. Generally, it’s easier to get a loan for a modular home than a manufactured one, as they are often treated similarly to traditional site-built homes. But loan options for these types of homes are still greatly outnumbered by standard home loans and it can be hard to find a company that will offer manufactured and modular home mortgages.


Global Equity Finance is one of the rare companies that specializes in manufactured and modular refinancing and can help you both lower your home mortgage rates and shorten your loan terms.

Benefits of Refinancing a Manufactured or Modular Home Mortgage


Manufactured and modular homes are typically more affordable than traditional site-built homes. Refinancing can maintain this affordability by giving you lower monthly payments, better interest rates and more manageable loan terms.

Lower Interest Rates

Refinancing your manufactured or modular home mortgage into one with lower interest rates can provide you with significant savings.

Shorter Terms

If you refinance into a mortgage with shorter terms, you will repay your debt faster and lower interest costs.


With cash-out refinancing, you can refinance your existing mortgage for more than you currently owe, receiving the difference in cash.

Manufactured & Modular Home Mortgage Options

FHA Loans

There are two kinds of government-backed FHA loans for manufactured and modular homeowners: FHA Title I loans, which are personal property, home-only loans, and FHA Title II, which can be used to finance both a home and land together.

VA Loans

These loans are available to service members and veterans and can be used to finance a manufactured or modular home.

FNMA Loans

The Federal National Mortgage Association (Fannie Mae) insures these loans and they are becoming increasingly used to finance manufactured homes.


“Let Global Equity Finance help you refinance your manufactured or modular home today to lower your payments, shorten your terms, or even take cash out.”

Roy Koldaro

NMLS ID #1241846 VP of Lending

VA Fixed Rate Mortgage ​

Perfect for borrowers looking for interest rate stability and affordable payments for the life of the loan. Buy or build a single family home, condo unit in VA-approved development, or manufactured home/lot.

VA Adjustable Rate Mortgage (ARM)

If you expect to receive Permanent Change of Station (PCS) Orders within five years, a 5/1 VA ARM can offer upfront savings and better flexibility for when you relocate.

VA Streamline Refinance (IRRRL)

The VA Interest Rate Reduction Refinance Loan (IRRRL) allows you to refinance your current VA mortgage to a lower interest rate. Streamlined to make refinancing fast and painless, VA does not require verification of income, employment, bank accounts, credit score, or home appraisal.

VA Cash Out Refinance

For homeowners who want to cash-out home equity to use for expenses such as paying off debt, school tuition, or home improvements. This option can also refinance a non-VA loan (such as FHA or USDA) into a VA loan, and finance up to 100% of the property value.


VA loans are an exceptional opportunity for our Veterans because they offer the lowest rates in the nation, there is no down payment, and fees are capped depending on status. We also offer a $1,000 best loan guarantee: no other lender will beat our Veterans loan programs.

Roy Koldaro

V.P. of Lending

Manufactured & Modular Home Mortgage Qualifications

Global Equity Finance can work with you to refinance your manufactured or modular home if it meets the following criteria:
  • The home must be on a permanent foundation
  • You must own the land that the manufactured or modular home is on
  • The home must be a double-wide or larger
  • The home must have been built after June 15, 1976

Loan program

Find your mortgage match today!