VA Construction Loan for Manufactured and Modular Homes

Countryplace Mortgage offers VA construction loans for manufactured and modular homes. If you are looking to install a new manufactured home on property you are purchasing or already own, you can use your VA eligibility to purchase the home, land, and all the property improvements. Countryplace will close the loan for the manufactured or modular home and manage all the construction draws throughout the process

Your Loan Officer

Ed Dunn

Loan Officer

113 Nature Walk Pkwy
Suite 105
St. Augustine, Florida 32092

Phone: 407-201-8035
Fax: 800-918-2049

NMLS #: 1450219

What are VA Construction Loans for Manufactured and Modular Homes?

A VA loan is a mortgage loan in the United States guaranteed by the U.S. Department of Veterans Affairs (VA). The loan may be issued by qualified lenders.

The VA loan was designed to offer long-term financing to eligible American veterans or their surviving spouses (provided they do not remarry). The basic intention of the VA direct home loan program is to supply home financing to eligible veterans in areas where private financing is not generally available and to help veterans purchase properties with no down payment. VA loans are available to most veterans. The VA does not make these loans; they simply guarantee loans made by lenders that underwrite these loans to their guidelines. In most cases, VA will guarantee up to 25% of the loan amount and issues the Veteran a Certificate of Eligibility as evidence for the lender that they are eligible for a VA loan. To obtain a copy of your Certificate through VA’s ebenefits portal go to the link below:

Find out if you're eligible!

When you first look at your Certificate of Eligibility, the amount you see is not the loan amount that you are eligible for, this is the amount of the loan guarantee that VA provides to the lender.

VA charges a funding fee to the Veteran for use of the VA loan program. This funding fee can vary from 2.15% to 3% depending on type of military service and first time or subsequent use of the eligibility. If you use your VA eligibility, you must retire that use before buying another house with a VA loan; otherwise VA will calculate the remaining amount of your available guarantee and issue a new Certificate of Eligibility. This remaining amount may not be enough to guarantee the new loan.

Countryplace Mortgage offers VA construction loans for manufactured and modular homes. If you are looking to install a new manufactured home on property you are purchasing or already own, you can use your VA eligibility to purchase the home, land, and all the property improvements. Countryplace will close the loan for the manufactured or modular home and manage all the construction draws throughout the process

Countryplace also offers VA loans on existing manufactured and modular homes. If you are looking to refinance your manufactured home, Countryplace can help with that as well.

Contact one of our experienced Loan Officers to assist you with your VA manufactured home construction loan. We are proud to serve our service members and look forward to helping you achieve your homeownership dreams!

Thank you for your service!

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We Are CountryPlace Mortgage

CountryPlace Mortgage is the nation's premier lender for manufactured, modular, and mobile homes. We offer a one-time close construction loan for new homes. We make financing or refinancing your home simple and easy. If you own a manufactured or mobile home, or are thinking about purchasing a new or existing home, Countryplace Mortgage should be your lender of choice. We can finance your manufactured or mobile home whether it's tied to the land or in a mobile home park.

Founded in 1995, Countryplace Mortgage is a direct lender with both Fannie Mae and FHA. That means that we can offer you the most competitive rates, with down payments as low as 3.5%. When financing a manufactured, mobile, or modular home, it is important that you are working with a mortgage professional that understands these unique properties. Whether it's a chattel (home-only), land/home package, or construction loan we have the expertise to help you navigate today's challenging mortgage process. Many of our Loan Officers have several years experience originating manufactured and mobile home loans.