I am am mortgage banker, and have been doing it for 8 years. (I also offer Ls1 member discounts)
There is some great advise here, and some bad info. I wanted to address Manu and Modular home specifically since I just helped another member with their MAnu purchase (that closed in 21 days to boot
I can finance both. (For me at least) Manu is not difficult, although most lenders wont touch them. I can even close some purchases with $0 down on a Manu.
Lets clear some things up here.
"Manufactured" Typically refers to a "double wide" or similar that is trucked in an set on a **Permanent foundation**- that is the most important part. If its still on wheels, I cant touch it-you need an RV loan.
Modular refers to a home that is build in pieces-and those pieces are brought in and assembled on a foundation. Thats easy- we look at modular as stick built.
My take-Manu's have a stigma only because of lender's preferences, and peoples misconceptions. I have financed million dollar mods in Cali and Oregon. In many situations, its not only a great option, bu the BEST option, and common in most areas of rual Ohio.
Guys feel free to PM me for specifics, or if you are looking for a pre approval. I can also refinance them if you currently own one at a high rate.