Mom Scholarships > Manufactured Home Grants & Loans for Low Income Earners

Manufactured Home Grants & Loans for Low Income Earners

Updated: October 9, 2017

Mobile and manufactured homes give people on a low income, like single mothers, a chance to have their own home without the massive price tag of traditional style houses.

Mobile homes are often as large as a normal single level house, but come with lower maintenance and of course, a lower upfront cost.

mobile homes

But despite their more affordable price, buying a manufactured home is still often out of reach for the average single parent or low income earner, as well as those who are currently studying.

The U.S. Department of Housing and Urban Development has a program available called the Financing Manufactured (Mobile) Homes.

The Federal Housing Administration (FHA) has an approved set of lenders who are insured to provide loans to people who are on a low income and who wish to purchase a mobile home and/or a lot for a manufactured home.

Do you still need a good credit history to get these loans?

Yes, your credit history will be looked at as part of the approval process, as will your financial circumstances.

Just like any loan, the lender will want to know that you will be able to make the repayments on your mobile home.

Usually a loan like this will run for 20 years with a fixed interest rate, so you can plan ahead.

There are limits to how much you can borrow under this special program. For a single manufactured house, the maximum loan amount is currently $69,678, while if you are wanting to buy a home and lot, the upper limit is $92,904. provides more information about the manufactured home loan process.

If you already have a home, but it is in desperate need of upgrade or repair, there are grants and loans available specifically for that purpose for low income households.

Known as the Section 504 Home Repair program, this is available as a grant to people aged 62 years and older who can not afford a repair loan or to fix potential safety hazards that are in need or urgent repair.

  1. Joan Jerrell
    October 10th, 2020 at 08:01 | #1

    How do i apply

  2. Ciera Cameron
    March 26th, 2020 at 19:32 | #2

    I’m trying to get help for my mom. She’s working trying to fix up her mobile home but doesn’t have enough funds to do so because the home is old and everything is falling apart as soon as she’s tries to fix one problem another one is created. My siblings and I are trying to find her help so we can get her a better mobile home but ya not having any luck finding a cheap used one. Any advice is helpful or can you point us in the right direction to help her. Thanks in advance.

  3. Shannon Bailey
    September 25th, 2019 at 23:57 | #3

    I’m a single mother of 4. Looking for help! How do I go about applying for a grant or loan to help with the purchase of a mobile home.
    Thank you

  4. Shianna
    August 21st, 2019 at 03:37 | #4

    How do I apply for a loan for a mobile home I’m a single mom that needs help getting a home

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