Manufactured & Mobile Home Loans
in New Hampshire
Two ways to finance a factory-built home, and we do both. Standard FHA, VA, USDA, and conventional mortgages when the home qualifies, plus specialty home-only financing for the homes that agency programs will not touch.
Most banks have one answer. We have two.
Manufactured housing is a large share of the affordable inventory in southern New Hampshire, and it is also the part of the market that gets declined the most. The reason is almost always the same. The lender only writes agency loans, and agency loans come with a fixed list of property conditions the home has to satisfy.
NextGen Mortgage Loans is a New Hampshire licensed mortgage broker, so we are not tied to a single set of guidelines. When your home meets agency standards, we place it there, because that financing is usually the least expensive. When it does not, we have a specialty program that does not require a HUD label, a permanent foundation, a post-1976 build date, or land you own.
That second option is what most buyers in this market are missing. A home in a park, a home on block and post, a 1972 single-wide, a buyer with thin credit: every one of those is financeable, and every one of those gets turned away almost everywhere else.
Pick the path below that matches your situation, or just call and describe the home. Two minutes on the phone usually settles it.
Choose the Financing That Fits Your Home
Neither one is the fallback. They serve different homes, and we write both under the same roof.
Chattel & Home-Only Financing
Secured by the home rather than the land, which is what makes park, co-op, leased land, and older homes possible.
- Any year built, including before 1976
- No HUD certification label needed
- Block and post foundations accepted
- Parks, co-ops, leased land, or land you own
- No minimum credit score, DTI up to 65%
- 8 to 30 year terms, 0% to 20% down, no monthly MI
- Primary, second home, or investment
FHA, VA, USDA & Conventional
Standard mortgage financing for homes that are permanently affixed and titled together with land you own.
- Standard mortgage rates and 8 to 30 year terms
- FHA from a 500 credit score, DTI to 65%
- Conventional DTI to 50%, no set score minimum
- VA with no DTI cap and zero down for eligible veterans
- 3.5% down on FHA, from 5% on conventional
- Home built after June 15, 1976 with a HUD label
- Permanent foundation, home titled with the land
Find Your Situation, Find Your Loan
Six of the most common scenarios we see in southern New Hampshire, and where each one usually lands.
Every Kind of Factory-Built Home
Single-Wide
Financeable on the specialty program regardless of age, including in parks and co-ops.
Double & Triple-Wide
Eligible on both paths. Which one fits depends on the foundation and the land.
Park Models
In scope on the specialty program, where most conventional lenders will not go at all.
Modular Homes
Built to state building code rather than HUD code, so these finance like a site-built home.
Rooted in Southern New Hampshire
Most of the manufactured and mobile home loans we close sit in Hillsborough, Rockingham, and Strafford counties. That is where the parks, the co-ops, and the older inventory are, and it is where we know the communities and the closing attorneys by name.
We lend elsewhere in New Hampshire too, including the northern and rural towns, it is simply not where the volume sits. If your home is outside these counties, call and ask.
A Broker Who Knows These Homes
Manufactured housing is not an exception we make. It is one of the things we do best.
Both Programs, One Call
Agency and specialty financing side by side. We price the file both ways and place it where the terms are better for you.
Local Market Knowledge
We know the parks and co-ops across Hillsborough, Rockingham, and Strafford, and how each town treats these homes.
Fast Pre-Approvals
Most pre-approvals go out within 24 to 48 hours of receiving your documents, which matters when a listing draws multiple offers.
Declined Files Welcome
A no from a bank usually means the home fell outside agency rules, not that it cannot be financed. Send it to us anyway.
One Loan Officer Throughout
The same licensed loan officer from the first call through closing. No call center and no handoffs.
Licensed in Five States
New Hampshire, Massachusetts, Maine, Florida, and Rhode Island, NMLS #1621958, with a full broker platform behind every file.
Tell Us About the Home. We Will Find the Loan.
Free consultation, no obligation, and no hard credit pull until you are ready to apply. Most conversations end with a clear answer on which program fits and what it will take.
Manufactured Home Financing FAQ
Manufactured and mobile refer to the same type of home, built in a factory on a permanent chassis. Mobile is the older term, generally used for homes built before the federal HUD code took effect in 1976. Modular homes are different: they are built in sections to state and local building code, then assembled on site, and they finance essentially like a site-built house.
It comes down to three things: the age of the home, how it sits on the ground, and whether the land is yours. A newer home on a permanent foundation with owned land is usually an agency file. An older home, one on block and post, or one on leased land goes to the specialty program. We check both before recommending anything.
Yes, in New Hampshire, through home-only financing that is secured by the home rather than the land. This is the situation agency loans cannot serve at all, and it is one of the main reasons buyers in these communities come to us.
It is harder to find a lender, not harder to qualify. Many banks and credit unions simply do not offer these loans, so buyers interpret a no as a credit problem when it is really a product problem. Working with a broker who writes both program types removes most of that friction.
Most files close in roughly 30 to 45 days from application, with pre-approval typically issued in 24 to 48 hours once we have your documents. Timelines stretch when a valuation, a park approval, or a title issue takes longer than expected, and we will flag those risks early rather than at the end.
To start, just the basics about the home: year built, size, whether it is in a park or on land, and roughly what you are paying. For a full pre-approval we will ask for recent pay stubs or income documentation, bank statements, and identification. Self-employed borrowers have their own options and we will walk you through those separately.
Yes, on either path. If the home meets agency standards you may be able to move into a standard mortgage. If it does not, the specialty program can still refinance it, including homes without a HUD label or a permanent foundation. Either way the goal is a lower payment or better terms than a dealer-arranged loan.
We typically do not charge a direct origination fee on these loans. Third-party costs such as title, recording, and any required valuation still apply, and you will see every line of it on your loan estimate before you commit to anything.
MLO License Info: NMLS #1621958, NH Broker license #1621958MBRR, and MA Broker license #MB1621958, ME Broker License #1621958, FL Broker License #MBR4542, RI Broker License #20265029LB
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