There are numerous programs for financing factory built housing.  At HomesPlus we have a Finance Coordinator on staff that will assist you with finding the best financing option for you and your family.  Here is some basic information about financing factory built homes.

Home Only Loans

Home only or chattel loans are similar to a car loan. This type of loan is used  when you are financing the home with no land. These are considered personal property loans. Your home will be issued a title instead of a deed. These loans are most common when you are placing the home on leased property or property you do not own.

Land and Home Loans

These loans are most commonly called conventional mortgages. These loans are used when the land and the home are financed together. You might be buying land or using property you already own to finance with the home.

In-House Financing

We at HomesPlus also offer financing through our own finance company. Ask your Housing Consultant for more details.