Our new VLOG Page

Stay informed with R ROOT MANUFACTURED HOME SOLUTIONS! Our vlog series delivers expert insights and valuable information about manufactured homes, helping you make informed decisions.

Understanding Manufactured Home Loans in California

Navigating the loan requirements for manufactured homes can be confusing. Here's a breakdown of essential facts to consider when seeking financing in California.

General Requirements:

  • Credit Score: Most lenders require 620+, though FHA and VA loans may accept lower scores.
  • Down Payment: FHA loans can be as low as 3.5%, conventional loans typically 5% or more, while chattel loans may require 10–20%, especially for investment properties.
  • Loan Term: Usually 10–30 years, depending on loan type and lender.
  • Foundation Status: For real property loans, the home must be permanently affixed to land (Permanent Foundation). Some lenders may allow on-land loans without a permanent foundation, depending on guidelines.
  • Location Approval: If the home is in a mobile home park, park approval may be required for financing.
  • Property Type: Eligibility may vary for single-wide vs. double-wide homes.

Special Programs:

  • FHA Loans: Lower down payments and flexible credit requirements.
  • VA Loans: No down payment, no PMI, competitive rates — ideal for veterans.
  • Energy-Efficient Upgrades: Some lenders offer incentives for eco-friendly improvements.

The Cost of a Permanent Foundation

Ever wondered about the investment required for a permanent foundation? Get insights into the estimated costs for transforming your manufactured home.

Estimated All-In Cost Range (California):

Most homeowners pay between $4,500 and $12,000 for a full permanent foundation retrofit. However, depending on location, soil conditions, and structural needs, costs can range from $3,500 to $20,000+.

Foundation Design Experts

Discover the crucial role of licensed engineers in designing the foundation for your manufactured home, ensuring compliance with HUD standards and local codes. As 433A SPECIALISTS, we ensure your foundation meets all necessary requirements.

Who Designs the Foundation?

  • Licensed Structural or Civil Engineers: They create the engineered foundation plans tailored to your home’s specs and local code. These plans must be approved by HUD and will be provided an SPA# to expedite permitting.
  • Specialized Firms: Companies like Foundationcerts.com offer fast, affordable engineering certifications that meet FHA, VA, and California 433A standards.
  • Contractor Partnerships: Some contractors work directly with engineers to bundle design, permitting, and installation — saving you time and coordination.

What the Engineer Provides:

  • HUD/FHA/VA compliance documentation

Ensuring Quality: Foundation Inspections

Learn about the rigorous inspection process that follows the completion of your permanent foundation, ensuring compliance and quality.

Key Players You Might Work With:

  • Local Building Department or HCD: They inspect the physical installation and ensure it meets California Building Code.
  • Licensed Engineers: Firms like Foundationcerts.com issue the required engineering certificate for FHA/VA loans and 433A filings.
  • County Recorder’s Office: Finalizes the 433A form to officially convert the home to real property. Your escrow company will usually complete the associated paperwork to HCD to De-Title the home once the 433a is recorded.

Ready to get started?

Transform your manufactured home into real property with our expert solutions. Contact us today for a consultation and learn how we can help you navigate the 433A process.