Capital Home Mortgage College Station

College Station Manufactured Home Loans

Texas Manufactured home Lender

College Station Manufactured Home Loans

Are you looking for a home loan option that offers land and home combination purchase? Our manufactured home loans may be exactly what you need. 

Manufactured home” is a term that replaced mobile homes after June 15, 1976. The U.S. Department of Housing and Urban Development regulated mobile homes and upheld safety standards on that date. Hence, all mobile homes purchased afterward are now referred to as manufactured homes. 

One of the main advantages of manufactured home loans is their One-Time Close Home/Land combination. This allows you to achieve maximum financing by closing your mortgage loan as if the home was already set up on the land. Because it’s a one-time close, you save on certain costs, such as escrow, repeat title, and some loan fees.

If you want to have a manufactured home loan in College Station, there are several home mortgage products that you can check. Here’s a quick snapshot. 

FHA Title I Loans

Title I loans are loans for purchasing a new or used manufactured home. You can also use the loan to repair and improve used manufactured homes. You can get Title I loans even if you don’t own the land where the house stands as long as it is situated in a manufactured home community and there is a signed lease for the lot with an initial term of three years.

FHA Title II Loans

Title II loans are loans for purchasing the manufactured home and the land where it stands. Unlike Title I loans, you get to own the house and lot. Requirements include: 

  • Minimum floor area of 400 square feet;
  • The manufactured home must be constructed after June 15, 1976;
  • The property is classified as real property;
  • The home is built on a permanent chassis;
  • The loan must cover both the house and land

If the land where the manufactured home stands are leased, Title II loans can’t apply. This scenario is expected if the mobile home park is leased land.

MH Advantage Program

The MH Advantage Program is administered under the Federal National Mortgage Association or Fannie Mae. To qualify under Fannie Mae’s program for manufactured homes, you must satisfy the following eligibility criteria:

  • Installing a driveway
  • Installing a sidewalk that connects the driveway, carport, or detached garage
  • Compliance with construction, architectural design, and energy efficiency requirements

FreddieMac ChoiceHome Mortgage Program

The FreddieMac ChoiceHome Possible Mortgage Program is under the Federal Home Loan Mortgage Corporation. Freddie Mac offers conventional financing for qualified borrowers. You can also choose between fixed-rate mortgages with terms 15, 20, or 30 years and adjustable-rate mortgages with terms 7/1 or 10/1. 

VA Loans

Members of the military or their surviving spouses may get a VA loan for a manufactured home. You can use the loan to buy a manufactured home only, buy both the house and the land where it will stand, or refinance a current loan. VA loans can give up to 100% financing on manufactured homes.

Apply For A Manufactured Home Loan Today

Capital Home Mortgage offers and finances manufactured home loans in College Station. Talk to us today about your home loan needs, and we’ll happily walk you through how to get started. Our experienced mortgage team is committed to providing you with a hassle-free home-buying experience. 

Call us at (979) 393-0049 to get started with your Manufactured Home Loan application. 

 

Why College Station HomeBuyers are Choosing Capital Home Mortgage
Close On Time

Complete Control from Application to Funding

Low Rates & Low Fees

Direct Lender with Competitive Rates & Low Fees

Exceptional Service

7  Day a Week Support Application to Final Mortgage Payment

College Station Mortgage Rates

Have you ever wondered why interests rates are what they are and what determines the final rate?  Why borrowers receive different interest rates? Or why rates go up and down?  Interest Rates are calculated using several factors.

  • Demand for mortgage Securities
  • Property securing the mortgage
  • occupancy of the property
  • Loan to value of the property
  • Borrower’s credit worthiness

College Station Manufactured Home Loans

Texas Mortgage Programs

Texas Home Purchase

Thinking of Buying a Texas Home?

Looking to Purchase a Home? We have the loan program for you… Call today to speak with a loan officer to discuss your personal mortgage options.

  • Primary, Secondary, Investment
  • FHA, VA, USDA, Native American
  • Conventional, Jumbo, Non QM
  • Reverse, Renovation, Manufactured

Texas renovation home loans

Looking to Rehab a Texas Home?

Want the Charm of an Older Neighborhood? But want a new place or a fresh look? Why not look at a renovation loan?  Purchase the Perfect Home and make it your own. Call today.

  • Remodel, Renovate or Repairs
  • FHA 203K Streamline or full
  • fannie mae homestyle reno
  • freddie mac home choice reno

Texas FHA Home Loans

Great for 1st Time Texas Homebuyers

FHA Home Loans are great for first time home buyers, buyers with less than perfect credit, or buyers needing less out of pocket.   Call today to get started.

  • Smaller Down Payment
  • Flexible Underwriting
  • Higher Debt to Income Ratios
  • Lower Credit Scores OK

Texas VA Home Loans

100% Financing for Texas Veterans

Proudly Serving Active Duty servicemen and women, as well as, retired and disabled veterans. Call today to speak with a VA loan officer.

  • Simply Qualifying for Veterans
  • No Down Payments Requirements
  • Lower Credit Scores Accepted
  • Manual Underwriting Allowed

Texas Conventional Home Loans

Flexibility for Texas Homebuyers

Conventional Home Loans are the best option for flexibility of property types and for mortgage loan terms. Call today to get speak to a Loan Officer.

  • Primary, 2nd Home, Investment
  • Great Rates & Low Fees 
  • Single Family and Multi-Family
  • Renovation Loan Programs

Texas Jumbo Home Loans

Texas Non Conforming Loans

Jumbo Home Loans also called Non Conforming Home Loans are great options for buyers needing financing outside of agency limits.  Call today to speak to a loan officer.

  • Primary Residence and 2nd Homes
  • Higher Loan Amounts – 3 Million
  • Great Interest Rates
  • Investor Specific Guidelines

Texas USDA Home Loans

100% Rural Texas Home Loans

USDA Loans are a great option for families wanting to live outside of the city.  Call today to speak with a loan officer to discuss your personal loan options.

  • Rural Properties Only
  • Primary Residence Only
  • Geographic Restrictions
  • Income REstrictions

Texas Native American Home Loans

Texas HUD 184 Home Loans

HUD 184 Home Loans are solely for Native American and offer a variety of benefits.  Call today to speak with a loan officer to find out more.

  • Primary Residence Only
  • Manual Underwriting for All Loans
  • No Credit Score Requirements
  • Tribal Grants Allowed

Texas Manufactured Home Loans

Great Alternative Texas Housing

Texas reverse mortgages

Your Texas Home at Work

Reverse Mortgage Loans offer seniors options to use their home’s equity for cash or to eliminate payments. Call today to get speak to a Reverse Loan Officer.

  • primary residence only
  • simple qualifying – equity based
  • credit scores not applicable
  • Minimum age 62

Texas Non QM Home Loans

Making Texas Mortgages Possible

Looking for Non Traditional Home Mortgage Loan?  Contact a Loan Officer Today to discuss the alternative mortgage options currently available.

  • Purchase, Rate and Term & Cash-out
  • Primary, Secondary and Investment
  • Full Doc & Bank Statements Programs
  • Corporations OK

Texas One Time Close mortgages

Build Your Texas Dream Home

Want to Build? But unsure of what the future looks like? Remove the risk with a One Time Close Construction Loan.  Call today to see how a OTC loan works.

  • Primary Residence Only
  • Close Once
  • Lock Rate at Contract
  • Traditional Final Mortgage

Texas Refinance Mortgage Loans

Texas Rate & Term Refinance

Refinancing can be a hard decision and the payback can sometimes be confusing.  Call today and let our Loan Officers walk you through the process.

  • Reduce Mortgage Term
  • Lower Monthly Payments
  • Appraisal Waivers
  • Streamline Options Available

Texas Cash-out Home mortgages

Texas Equity Mortgage Loans

Cash-Out Mortgage Loans make use of the equity in your home by allowing you to refinance the current mortgage and access this equity to use as you see fit.

  • Debt Consolidation
  • Investment Opportunities
  • Home Improvement
  • Vacation or Education

College Station Mortgage Team

Dale Gremillion

Manager / Sr Loan Officer
NMLS 210325

Conor Hayhurst

Manager / Sr Loan Officer
NMLS 743506

Brad Rund

Native American Lending
Manufactured Housing

College Station Mortgage Company Reviews

Texas Cities

Houston Home Loans

San Antonio Home Loans

Dallas Home Loans

Austin Home Loans

Fort Worth Home Loans

El Paso Home Loans

Corpus Christi Home Loans

Laredo Home Loans

Lubbock Home Loans

Amarillo Home Loans

Brownsville Home Loans

Killeen Home Loans

Midland Home Loans

Waco Home Loans

Odessa Home Loans

Abilene Home Loans

College Station Home Loans

Beaumont Home Loans

Wichita Falls Home Loans

San Angelo Home Loans

San Marcos Home Loans

Galveston Home Loans

Tyler Home Loans

Mcallen Home Loans

Stephenville Home Loans

Texarkana Home Loans

Round Rock Home Loans

Accessibility Toolbar