USDA Guaranteed Mortgage

[saywhat0]

Does USDA combine the land and home in one package? Will they buy the land as well as the manufactured home?

THANKS!

[saywhat0]

Does USDA combine the land and home in one package? Will they buy the land as well as the manufactured home?

THANKS!

[ShanetheMortgageMan]

You are the one buying, USDA doesn't buy. 

USDA will finance manufactured homes if it's brand new and the manufactured home vendor meet all USDA guidelines when installing the home.  Specific guidelines are:

New Manufactured housing must be permanently installed and meet the HUD Manufactured Housing Construction and Safety Standards and HCFP thermal and site standards. Existing manufactured housing will not be guaranteed unless it is already financed with an HCFP direct or guaranteed loan or it is Real Estate Owned (REO) formerly secured by an HCFP direct or guaranteed loan.