First time home buyer.Have been approved for FHA loan,does anyone know?

Posted on August 5, 2009 by admin
SweetP asked:


We have been approved for an FHA loan. We found a doublewide trailer on 4 acres that we like. Does anyone know if fha will approve the loan on a trailer-house? I know FHA has certain restrictions for buying. Dont wanna make an offer and get our hopes up, if the mortage company is going to deny the place. Like I said we Really like it alot….Its a 2005 Solitaire Double-wide. In a very nice neighborhood, and its in the country…

Brian
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2 Responses to First time home buyer.Have been approved for FHA loan,does anyone know?

  1. Yanswersmonitorsarenazis says:
    August 6, 2009 at 8:32 am

    April

    Some banks won’t take them, even if FHA would insure the deal.

    But a doublewide, on a permanent foundation, built after 1978 or 1976? is generally acceptable to FHA.

    Wells Fargo is pretty good on these.

  2. Mark P says:
    August 9, 2009 at 7:23 pm

    William

    Yea they will, but everything better be working perfectly, if it is not 100% functional then FHA will deny it.

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