A Rural Development loan that is similar to an FHA loan provided by the US Department of Agriculture (USDA).
What are USDA Loans?
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The two main attractions to the USDA Rural Development loan are the fact that it is a zero down payment loan, and the mortgage insurance requirements are lower than the FHA loan. USDA does have limitations on the amount of household income you can have.
If you would like more information on USDA Rural Development loans, click belowContact Us Today!
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.