You found the home. We’ll handle the rest.

Financing a manufactured home has more moving pieces than buying a house that’s already standing. None of them have to be your problem. We’ll walk the whole thing with you — land, site work, foundation, delivery, all of it — and tell you in plain words what happens next.

No cost to ask You pick how we reach you Asking isn’t committing A real person, not a call center

The thing you’re actually worried about

Everybody arrives with the same short list. Here it is, and here’s the honest answer to each one.

“Nobody will finance a manufactured home. I’ll have to pay cash or take some awful lot loan.”

Real mortgages exist for these homes.

Conventional, VA, and FHA construction-to-permanent financing may be available for a manufactured home on a permanent foundation — the same families of loans people use for site-built houses. It’s not a personal loan and it’s not a chattel loan. Eligibility depends on you, the home, and the property.

“The loan will only cover the home. I’ll be scrambling to pay for the land, the septic and the driveway myself.”

The project gets budgeted as one thing.

This is the whole reason construction-to-permanent financing exists. The home, the land, clearing and grading, well or septic, power, the foundation, hauling the home out there and setting it — all of it goes into one project budget that gets reviewed together. Which specific costs are financed depends on your property and program.

“I’m going to have to close twice and pay for everything twice.”

One closing, at the start.

A construction-to-permanent loan is built to handle both halves. You close once, the construction phase runs, and when the home is finished and inspections clear it converts to your regular long-term mortgage. There’s no separate refinance waiting for you at the end.

“I don’t know any of the words. I’ll get talked into something I don’t understand.”

Not knowing the words is the normal starting point.

Draw. Chattel. HUD tag. Perc test. Nobody is born knowing these. There’s a plain-English list further down this page, and in an actual conversation we stop and explain anything that sounds like jargon. If something isn’t clear, that’s our problem to fix, not yours to push through.

“I only have half the answers. It’s too early to call anyone.”

Half the answers is a great time to call.

Earlier is genuinely easier. Knowing your realistic budget before you fall in love with a floor plan, or before you put money down on a lot with a problem, saves people real money. If all you have is “we’re thinking about it,” that’s a fine first conversation.

“The second I give out my number, my phone rings for six months.”

We don’t sell your information.

Your details go to one team here, not onto a lead list. You choose whether you’d rather get a call, a text, or an email, and reaching out doesn’t obligate you to anything at all. If you decide a manufactured home isn’t for you, that’s a perfectly good outcome.

“Wait — does the loan cover that too?”

Getting a manufactured home onto a piece of land takes more than buying the home. Tap any of these to see how it fits into the project budget.

The make, model, size and options you picked out at the dealer, plus the purchase agreement they wrote up. That agreement is one of the first things we look at, because the specs on it have to line up with what the financing is built around.
If you’re buying the lot as part of the project, it can be part of the plan. If you already own it — inherited it, bought it years ago, it’s a corner of the family place — that land usually works in your favor and gets factored into the overall picture. Leased sites and community sites work differently, so tell us early which one you’re in.
Trees, stumps, leveling the pad, cutting in a driveway so a truck can actually get back there. This is the part people forget to budget for, and on a rural lot it can be one of the bigger line items. Better to know now than in month three.
Drilling a well or tying into city water, a septic system or a sewer connection, running electric to the site. On raw land these are real costs with real timelines, and permits often have to come first. They belong in the budget from day one.
For most mortgage financing, the home has to be permanently attached to a foundation that meets the program’s standards — sometimes with an engineer signing off. This is one of the biggest differences between a real mortgage and a lot loan, and it’s planned for up front rather than discovered at inspection.
Hauling the home from the factory or the dealer’s lot to your site: transport permits, escort vehicles, and in some cases a crane to set it. If it’s a multi-section home, joining the halves happens here too.
Anchoring and tie-downs, hooking up the utilities, skirting around the base, steps or a deck at the doors, sometimes a garage or a carport. This is the stretch that turns a delivered home into a finished one, and it’s where a lot of the “are we done yet” feeling lives.
Money is released in stages as work actually gets finished, and each stage is typically checked before the next chunk goes out. It sounds like red tape; in practice it’s the thing that keeps anyone from getting paid for work they haven’t done.

Which of these apply to your project, and which of them can be financed, depends on the property, the loan program, and your qualifications. Every site is a little different — that’s what the first conversation is for.

You close once. Not twice.

This is the single most reassuring thing about construction-to-permanent financing, and it’s the part people are most surprised to hear.

What people expect

Take out a short-term construction loan. Finish the home. Then go find a mortgage, qualify all over again, and pay a second set of closing costs — hoping rates and your situation haven’t moved against you in the meantime.

How this actually works

One loan, one closing, at the beginning. The construction phase runs. When the home is finished and the final inspections clear, it converts into your long-term mortgage. No second application waiting at the finish line.

Here’s how it goes

Eight stages, start to keys. You will never be on a step without knowing what the next one is.

1
We talk it through
A real conversation about what you’re hoping to do and what’s realistic. We look at income, credit and what you have available, and land on a budget the whole project can live inside.
2
You pick the home
You work with the dealer on the model and the options. We make sure the paperwork they hand you matches what the financing is built around, so nothing gets discovered late.
3
We look at the land
Where the home is going, and what that spot needs before it can go there — access, utilities, what the foundation has to be. This is where surprises get caught early instead of expensively.
4
One budget, all of it
Bids and costs get pulled together into a single project budget covering the home, the land, site work, delivery and installation. One number, not seven guesses.
5
Closing day
Appraisal and underwriting wrap up, you sign, and the project is cleared to start. This is the only closing table you sit at.
6
Dirt starts moving
Site prep and foundation work go in, the home gets built and delivered. Funds release in stages as things actually get done.
7
The home gets set
The home is placed and anchored, utilities are connected, and the last items — skirting, steps, finish work — get completed and checked.
8
It becomes your mortgage
Final inspections clear and the loan converts to permanent financing. That’s the end of the project, not the start of a new one.

About “draws” — because someone will say that word to you. On a construction loan the money doesn’t land in your account in one lump sum. It comes out in stages as work gets finished and verified. Each stage is a draw. You’ll know the schedule before the first shovel goes in the ground, and so will your builder and your dealer — which is exactly why everyone stays on the same page.

Words someone will say to you, in English

You do not need to memorize these. But it’s a lot less stressful to hear a term for the second time than the first.

Manufactured, modular, mobile
Not three words for the same thing
A manufactured home is built in a factory to a federal standard called the HUD code. A modular home is also factory-built, but to state and local building codes instead. Homes built before the HUD code started in 1976 are generally called mobile homes and are treated differently again. Which bucket yours falls in changes which loans are even on the table, so it’s worth confirming first.
Construction-to-permanent
The whole point of this page
One loan that covers building the thing and then quietly turns into your regular mortgage when it’s finished. The alternative — two separate loans and two closings — is what this is designed to avoid.
Draw
A payment, not a drawing
A scheduled release of part of the loan money as a stage of work gets completed and inspected. Several of them happen over the life of the project.
Site work
Everything before the home shows up
The catch-all for readying the land: clearing, grading, the driveway, water, septic or sewer, and running power. On a rural lot this is often larger than people expect.
Permanent foundation
Why the home stops being “mobile”
A foundation system that permanently attaches the home to the land, built to the standards the loan program requires. It’s typically what allows a manufactured home to be financed with a real mortgage rather than a lot loan.
Chattel loan
The thing we’re trying to avoid
A loan against the home as personal property — more like financing a vehicle than a house. Shorter terms and typically higher rates. Plenty of manufactured home buyers end up in one without ever being told a mortgage was possible.

One conversation. Not a campaign.

Looking into a manufactured home shouldn’t cost you six months of peace and quiet. Reaching out here starts one useful conversation, and that’s all.

  • We do not sell your information to anyone
  • You choose call, text, or email — we use that one
  • Reaching out doesn’t obligate you to anything
  • “We decided not to” is a fine answer

Everything else people ask us

Yes. Construction-to-permanent financing for a manufactured home may be available, subject to your qualifications, the property’s eligibility, and underwriting requirements. It generally requires the home to be placed on a permanent foundation and to meet the standards of whichever program you use.

The reason this surprises people is that a lot of manufactured home buyers only ever get offered chattel financing — a loan against the home as personal property, with shorter terms and typically higher rates. That’s not the only option, and it’s worth finding out which one you actually qualify for before you sign anything.

There isn’t one number, and anyone who gives you one before looking at your project is guessing. What you need depends on the loan program, the total project budget, whether you already own the land, and your credit and income picture. Land you already own can sometimes work in your favor here.

The honest answer is that a short conversation gets you a real range far faster than reading about it. That’s free, and it doesn’t commit you to anything.

Usually, yes — owned land is a common and welcome starting point, and it gets factored into the overall project review. Exactly how it affects your plan depends on the property and the program.

If you haven’t found a site yet, that’s workable too. Land financing may be an option to lock down the right lot now and build later.

Conventional, VA, and FHA construction-to-permanent financing may be available for manufactured homes, subject to qualifications, property eligibility, underwriting, and final approval. Program availability varies by state and by property.

FHA and VA both carry their own property, foundation and installation standards for manufactured homes. Those aren’t obstacles so much as things to design the project around from the start — which is a lot cheaper than finding out at inspection.

It varies more than people want it to. The big drivers are usually the factory’s build schedule, how much work your site needs, and how fast local permits and inspections move — and that last one depends entirely on your county.

What we can do is tell you the sequence and the checkpoints up front, so you know where you are in it rather than waiting in the dark. Once your specific project is on the table, a realistic timeline is a much easier question to answer.

Whatever you’ve got. If you know the home you’re looking at, the dealer, roughly where it’s going, and whether you own the land, that gives us a clear picture quickly.

If you have none of that yet, come anyway. A good chunk of first conversations are just mapping out what the project would involve and what it might cost.

No. Valor does not sell your information, and reaching out here is not an invitation to a high-pressure call campaign. You pick how you’d prefer to be contacted, and sharing your information doesn’t create any obligation to move forward. Our full privacy and SMS policies are linked at the bottom of this page.

Ask the awkward questions. That’s the job.

Tell us where you are — even if that’s “we’re just thinking about it” — and we’ll tell you what the path would actually look like.

Brad Toft
Director of Construction Lending
NMLS #114974 · Valor Home Loans

Selling manufactured homes? See the dealer and industry partner page.