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FHA Lending in the State of Massachusetts

If you own a mobile or manufactured home on a permanent foundation in the State of Massachusetts you may be eligible for FHA Financing. You must own the land as well and the mobile home must been constructed after June 15, 1976. FHA financing allows for singlewide, doublewide, and triplewide financing.

FHA allows for financing just 2 years after the discharge of a Chapter 7 Bankruptcy, provided you have re-established good credit. You may refinance out of a Current Chapter 13 Bankruptcy payment plan provided you have the trustee's permission, a timely mortgage history, and a timely payment history on your bankruptcy. You must have had the payment plan for at least 1 year.

FHA lending in Massachusetts allows for loans even in declining markets.

DISCLAIMER: The information contained in this article on 'FHA Lending in the State of Massachusetts' is a collection of contributions by licensed mortgage professionals and is not the opinion of Broker Outpost LLC. Always consult a licensed professional before applying for a mortgage.

FHA Lending in the State of Massachusetts

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