Dining Room & Kitchen (ES3252-258)


Facts about Purchasing a Manufactured or Modular Home

The majority of homeowners require a mortgage to finance their home. The retail sales center where you purchase your home can provide information on financing and assist you in locating a financial institution. You may also contact your own financing source directly.

Most financial companies require a minimum down payment of 5% to 10% and have loan terms ranging from 15 to 30 years.

When financing the home and land together the transaction is financed as real property and interest rates are similar to site-built loans and a real property deed is issued. If only the home is financed, as in some cases with manufactured homes, the loan is financed as personal property and a title is issued for the manufactured home.

FHA and VA loans are available to manufactured home buyers, and will sometimes offer lower interest rates or lower down payment options.

Our AMHA retailers can provide more information on financing options. 

Contact Information

Physical Address
Alabama Manufactured Housing Association
7245 Halcyon Summit Drive
Suite B
Montgomery, AL 36117

Mailing Address
Alabama Manufactured Housing Association
Post Office Box 241607 
Montgomery, AL 36124-1607

telephone icon Phone: 334.244.7828
email icon Email the AMHA Office

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