Home Buying in 94903>Question Details

Don Turner, Home Buyer in 95765

2012 CAN I GET AN FHA LOAN FOR LAND AND MODULAR HOME BUILT ON THE PROPERTY IN , PLACER COUNTY CA $ APPRX 205,000

Asked by Don Turner, 95765 Sat Aug 18, 2012

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3
HI Don,

Claudia is right. Once a modular home is planted on its foundation, it has the same designation as a a site built home. It's called real estate and lenders view it as such.

Sometimes modular is confused with mobile and the two are as different as night and day. Mobile rolls to the site on wheels attached to a chassis and can easily be moved from place to place. A Modular home CAN be moved but it is anchored to a permanent foundation. A modular home, built in a factory to the Universal Building Code and to local codes as well, is highly engineered and depending on the factory, can be better constructed than even a site built home.

A mobile home is built to lesser codes an can use 2"x3" walls for instance, something you would never see in a modular OR site built home.


I have extensive experience in both site built and modular construction if you ever have any questions.

Good luck!

Best,

Kevin Cullen

415.860.6039
Web Reference: http://www.kjcullen.com
2 votes Thank Flag Link Sat Aug 18, 2012
If the home is built on the property you should be ok.
0 votes Thank Flag Link Sat Aug 18, 2012
The home must have a permanent foundation.
0 votes Thank Flag Link Sat Aug 18, 2012
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