I want to know if Me and my husband can you a FHA loan to buy a mobile home and land.If not what is a excellent loan for mobile homes and land?
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FHA is one of the few home loans where you can buy both and do a 30-year mortgage.
Other Fannie Mae products will finance a trailer, but, they’ll only do it for 20 years….that can send your payments way up.
It can be done. See the HUD/FHA page at http://www.hud.gov/homes/manufactured.cfm for general information.