Comments on: Are Modular homes covered by an rural development loan? http://www.soswrap.org/modular-homes/are-modular-homes-covered-by-an-rural-development-loan Sun, 05 Feb 2012 12:23:59 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: Expert Realtor http://www.soswrap.org/modular-homes/are-modular-homes-covered-by-an-rural-development-loan/comment-page-1#comment-1725 Expert Realtor Wed, 30 Dec 2009 06:22:59 +0000 http://www.soswrap.org/modular-homes/are-modular-homes-covered-by-an-rural-development-loan#comment-1725 Modular homes are ALWAYS on a permanent foundation...they are treated no differently for lending purposes than traditional site-built homes. Yes, they are eligible for rural development loans, provided they are in the right location. Don't confuse modular homes with manufactured homes. Manufactured home = trailer Modular home = a stick-built home built in a factory and moved to the location.<br><b>References : </b><br> Modular homes are ALWAYS on a permanent foundation…they are treated no differently for lending purposes than traditional site-built homes.

Yes, they are eligible for rural development loans, provided they are in the right location.

Don’t confuse modular homes with manufactured homes.

Manufactured home = trailer

Modular home = a stick-built home built in a factory and moved to the location.
References :

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