Today’s manufactured homes. Built for the life you’ll build.

The new generation of manufactured homes is being crafted with the quality and durability you might expect only from a site-built house. With customizable layouts and features—and surprisingly affordable mortgage financing options—you can make your dream home a reality.



Affordable Customizable


Crafted Affordable


Customizable Crafted

Constructed to hold their value. And your future.

  • Built to last by specialized builders

  • Modern, climate-controlled facilities

  • Third-party inspected and certified to HUD Code

  • Installed on a permanent foundation

  • A down payment as low as 3%
  • Traditional 30-year financing
  • Lower interest rates*
  • Cancellable mortgage insurance**

Get a low down payment mortgage for your manufactured home

Finding a home that fits your budget is easier with MH Advantage®, a mortgage loan for manufactured homes that have features typical of traditional site-built single-family homes. Available through most lenders, MH Advantage works similarly to mortgages for site-built homes—you own both the land and the home, making it possible to build equity over time.

Interested in a manufactured home that isn’t eligible for MH Advantage? There are mortgages available for those too.

Ask your lender or retailer for more information.

*Compared to other manufactured home loans
**Once you reach 20% equity
Disclaimer: References to third-party suppliers or to their products and services on this site, and any related hyperlinking, should not be construed as an endorsement by Fannie Mae of such third-party suppliers and/or to their products and services.

How a manufactured home mortgage works

  • Step 1

    Visit a manufactured home retailer

  • Step 2

    Customize your home and ask your retailer for MH Advantage qualifying features

  • Step 3

    Work with a participating lender to see how to qualify for a mortgage

  • Step 4

    Have your new home delivered and installed

  • Step 5

    Close your
    mortgage loan

Fannie Mae®

Features that qualify a home for MH Advantage

Manufactured homes that are eligible for an MH Advantage mortgage include these features:

  • Will have a Mortgage Financing Notice sticker when delivered, typically found inside a kitchen or bathroom cabinet
    Installed with a driveway and a sidewalk connecting the driveway, carport, or detached garage
  • Meets certain construction, architectural design, and energy-efficiency standards more aligned with site-built homes
    Higher-pitch roof lines and exterior features like dormers and covered porches

Talk with your local lender or find a
manufacturer who offers MH Advantage

Get Started

Fannie Mae®

Photos made available through the cooperation of Clayton®. Clayton® and many other leading manufactured housing companies have entered into agreements with Fannie Mae to build MH Advantage®-eligible homes.