VA Manufactured Home Loan Program Find A Lender
The VA Manufactured Home Loan Program, administered by the Department of Veterans Affairs, is designed to help Armed Forces veterans secure a home loan for their new manufactured home. Under this program, VA-guaranteed manufactured home loans are made by private lenders such as finance companies. The guaranty means that VA will protect the lender against loss if the veteran or a later owner fails to repay the loan. The amount VA will guarantee is 40% of the loan amount or the veteran's available entitlement, up to a maximum amount of $20,000. The guaranty amount is not the same as the amount a veteran can borrow.
All veterans with sufficient qualifying service subsequent to September 15, 1940, including service in the Selective Reserve, and active duty service personnel who have served continuously for at least 90 days are eligible for manufactured home loans. When an ending date is set for the Persian Gulf War, those who enter on active duty after that date must complete more than 180 days of continuous active duty. Additional details are contained in VA Form 26-1880, Request for Determination of Eligibility and Available Loan Guaranty Entitlement; VA Pamphlet 26-4, VA-Guaranteed Home Loans for Veterans; or may be obtained by contacting the nearest VA regional office or center.
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