At Affordable Homes of Chipley, we’re dedicated to helping you achieve your dream of homeownership. We partner with industry-leading lenders to provide financing options that make owning a home both affordable and attainable. We work with all types of credit and offer flexible programs designed to fit your unique financial situation. Whether you’re ready to get pre-approved or just exploring your options, our team is here to help. Contact us today to take the first step.
There are several financing options available for purchasing a manufactured home, each designed to meet different needs and situations. From traditional mortgage programs to specialized loans for land-home packages, the right solution is out there. Explore the options below, and if you’re unsure where to start, contact us today! We’ll help you find the financing that fits you best.
A specialized loan program for manufactured homes that meet higher construction and design standards, such as permanent foundations, pitched roofs, and attached garages or carports. MH Advantage offers lower interest rates, down payments as low as 3%, and terms similar to traditional site-built home mortgages. It’s a great option if your home qualifies and you’re looking for long-term value with affordable monthly payments.
One of the most popular options. This loan covers the purchase of the home, land, and any necessary land improvements such as clearing, utilities, or septic systems, all in one package.
A loan for the home only, not tied to land. Common for buyers placing a home in a park or on leased or family-owned land. A 5% down payment is typical, though buyers with strong credit may qualify for no money down.
For buyers financing the home as real property. We work with top national lenders who specialize in manufactured and modular home loans to help secure competitive terms.
Use your owned land as the down payment instead of cash. The land becomes collateral for the loan, and its appraised value impacts the total down payment required.
Some buyers choose to pay for their home outright. This option eliminates loan interest and allows for a faster closing process.
Great for buyers with little or no credit history. A co-signer can help you qualify for financing by adding their credit strength to the application.
Designed for buyers with challenging credit. This program does not require a minimum credit score, though a higher down payment may be necessary.
Allows a friend or family member to purchase a home on behalf of someone else. Common when the intended occupant has poor credit or limited income.
For vacation homes or non-primary residences. Typically requires a larger down payment and stronger credit profile.
