Factory-Built Home Financing, Made Easy

Obtaining a mortgage is an essential step toward buying a new home, but options for factory-built homes can seem limited, and the details can sometimes be confusing. At Kite Bros. Manufactured Homes, our team has experience with the current options and resources for manufactured home financing. We can make sense of all the financial jargon and processes, and provide reliable resources to lenders that can help you find the loan that you can afford, without breaking your budget. We’ll help you find a home loan that’s right for your particular financial situation, and make sure you’re able to do so without delay or unwanted stress. It is our mission to help you any way we can to secure the financing needed to get you and your family the home of your dreams, and we are excited to help you get started.

The right loan for any purchase

Land/Home Financing

Also known as a Conventional Mortgage, a Land/Home loan offers homebuyers significant advantages for buying a manufactured home and land together. These home loans may offer a convenient front-end one-time close, and site improvements can be financed into them. You may not need to pay monthly Private Mortgage Insurance (PMI), and you may be able to buy down the loan’s interest rate. In addition, no permanent foundation or survey is mandated. Conventional Mortgages can carry longer loan terms, and closing costs and points can be financed into them, reducing your out-of-pocket closing costs.
 

FHA Home Financing

If you’ve had some past credit challenges, but you currently have the ability to repay a mortgage, then FHA manufactured home and modular home loans present an excellent opportunity. In many cases, Federal Housing Administration home loans carry lower credit score and down payment requirements than conventional home loans, which means credit challenges in the past, or a lack of established credit, will not automatically deter you from obtaining an FHA home loan. Give us a call, or fill out the form below, and we can start helping you consider the financing options that are right for you and your family!

Kite Bros Manufactured Homes

1940 N. Pine St.DeRidder, LA

800-456-2724