Client filling out paperwork
Loan Qualifications
Do I Qualify?

Our team will review your credit and income on Day 1 to determine eligibility. In addition to your credit and income, here are some key items you must meet for your home to qualify:

  • Built After June 15 ,1976
  • Home is on a permanent foundation
  • You must own the land
Loan officer talking to client about eligibility
FHA Loans

FHA loans are insured by the Federal Housing Administration and best suited for borrowers without a large down payment or who have less than perfect credit. Through our FHA loan programs, we can often qualify individuals who have had past credit challenges.

We can also assist buyers with higher debt-to-income ratios who have other strong compensating factors to help justify their ability to apply a higher percentage of their monthly income toward their housing payments.

To be eligible for this loan, the home must be built after June 15, 1976, and permanently fixed to a foundation. A few perks of this loan include a 3.5% down payment, 30-year loan terms, and credit scores down to 500!

Portrait shot of a veteran
VA Loans

We have special VA loans for veterans in need of financing for manufactured and modular homes. While many manufactured home financing companies do not offer VA loans, Top Flite Financial offers these loans to qualifying veterans with a credit score of 500 or higher.

Our VA loans allow borrowers to go up to 100% financing. Most VA manufactured, and modular home loans require a VA funding fee that can be financed; however, all VA loans we offer are exempt from monthly mortgage insurance fees.

Family posing in front of a house
Conventional Loans

We are one of only a few home financing companies that offer conventional loans for manufactured and modular homes with terms that are similar to site-built home mortgages. These loans require a debt to income ratio below 45% and a credit score of 620 or higher.