are older manufactured homes covered under the502 direct usda home loans?

Mary Decoteau
Other/Just Looking
Granite Falls, WA

Answers (2)

No.

USDA only finances newly installed homes.

I would love to help. Email me!

martytheloanofficer@gmx.us

Marty

I am on line now!

Tue Sep 23 2008, 10:55
Davidson Pless
Broker
Hickory, NC
FIRST ANSWER

Mary,

I asked a USDA loan originator this question an was told USDA only finances the original purchase of manufactured homes. I am guessing by older you mean one that has been previously titled, therefore, the answer is probably not. I suggest you ask your lender to make sure.

Tue Sep 23 2008, 09:18

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