Manufactured Home Loan
Affordable Homeownership. Local Support. A Path Forward.
Purchasing a manufactured home can be an affordable path to homeownership. At Valley First, we're committed to helping Central Valley families find the financing option that best fits their situation.
To get started, ask yourself one important question: Will the home be permanently attached to land you own or are purchasing?
Manufactured Home Mortgage
If the home is permanently attached to land, a Manufactured Home Mortgage may be the right fit. This mortgage finances both the home and the land and may offer longer repayment terms and mortgage financing benefits.
Manufactured Home Mortgage
- Home + land
- Real estate secured
- Longer terms
- Traditional mortgage structure
Key Benefits
- Loan amounts range from $25,000 to $250,000.
- Fixed rates and terms help provide predictable monthly payments.
- There are no annual fees and no prepayment penalties.
”As someone who personally experienced the challenges of finding affordable manufactured home financing, I’m excited to see Valley First offer this program. It has the potential to remove barriers, expand opportunities, and help more families turn their homeownership dreams into reality.”
Jamie Lea King
Consumer Loan Servicing Supervisor
Why This Loan Exists
In our communities, homeownership can feel out of reach. That’s why Valley First designed a manufactured home loan that makes owning a home more accessible – without giving up personal service or financial responsibility.
We don’t just finance homes. We invest in the people who live in them
Why Valley First
- Trusted & Local – We’re a credit union built for the Central Valley, serving our communities – not shareholders.
- Member‑Owned – Your success is our success.
- Financial Wellbeing Comes First – We lend responsibly, with your long‑term stability always in mind.
Learn More About Manufactured Home Financing
Connect with Us – Online, by phone, or in a branch.
Apply with Confidence – We help you understand what you qualify for.
Personal Review – Real people review your application.
Funding & Next Steps – Clear guidance through closing and beyond.
1 Loans are subject to credit approval and all Valley First Federal Credit Union lending policies and underwriting guidelines. Rates, terms, points, and programs are subject to change without notice. Actual loan terms will be determined based on the applicant’s creditworthiness, income, collateral, and other underwriting factors.
Manufactured Home Loans are available only for eligible properties located within the credit union’s approved service area and must be secured by a HUD‑code manufactured home (1976 or newer) located in an approved park or on leased land. A first lien position is required. Property must meet appraisal, park approval, and titling requirements through the California Department of Housing and Community Development (HCD).
Minimum loan amount is $25,000; maximum loan amount is $250,000. Maximum loan‑to‑value is 90% of the lesser of the sales price or appraised value. Loan terms range from 60 to 240 months with fixed rates. An origination fee of 1% of the loan amount (minimum $750) applies. Additional third‑party fees, including appraisal, title, and inspection fees, typically range from approximately $800 to $3,500 and may vary based on loan amount and transaction type.
Property insurance is required for the full loan amount. Flood insurance is required if the property is in a designated flood zone. Taxes, insurance, park space rent, and other fees are not included in any payment examples.
No prepayment penalty applies. Late fees may apply if payment is received more than 15 days after the due date. Membership with Valley First Federal Credit Union is required. Applicants must be at least 18 years of age.
Valley First Federal Credit Union is an Equal Housing Lender. NMLS and other regulatory disclosures apply as required by law.