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Mobile or Manufactured Home Loans

Achieve home ownership with a loan for a mobile or manufactured home

With multiple financing and term options, you can own a mobile or manufactured home sooner and more affordably.

023-money bag

Competitive Rate Option

Budget and plan for your monthly payments more easily for the lifetime of the loan.


Adjustable Rate Mortgage (ARM) Option

When financing the home and the land, have lower payments at the beginning of your term with an adjustable-rate mortgage loan option.


Financing for the Right Home

With a mobile home loan, you can afford a comfortable home that fits your life, whether you are downsizing or a new homeowner.


Flexible Location Options

When planning to place a mobile or manufactured home on land you own SFCU has financing options available.

Estimate your monthly payment

Let's see what your monthly payment could be.

Monthly Payment

Loan Amount
ARM Financing Option

Save money early on as you repay

With an adjustable-rate mortgage, you can step into your monthly payments more confidently. This financing option can make your initial payments lower, allowing you to prepare for later payments successfully.

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Financing Options

Rest easy with predictable payments

When financing the home and the land, have lower payments at the beginning of your term with an adjustable-rate mortgage loan option. Don't own the land? SFCU offers competitive fixed rates for mobile homes.

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  • ¹ Monthly Payment Examples assume a loan amount of $100,000. Taxes and insurance premiums are not calculated into the example which could result in a higher monthly payment.

    5/1 Vacation & 7/1 Vacation payment examples are based on a 15-year amortization. The Manfactured/Mobile w/Land is based on a 20-year amortization.

    – Credit Union membership is required with minimum deposit of $5.

    – 1st Mortgages must be a 1-4 unit & owner occupied, except for the First Time Home Buyer Program, bare land, and vacation/second home programs.

    – Vacation/Second Homes have a maximum LTV of 80%. They are amortized over 15 years.

    – Manufactured/Mobile with Land loan has a maximum LTV of 80%. Purchases or limited cash-out refinances only.

    – The bare land loan requires 30% down and is for purchases only.

    – Jumbo mortgages are available and are 0.25% higher. Contact the Credit Union for details.

    – Escrow may be required.

    – Loans greater than 80% require PMI, except for the First Time Home Buyer Program.

    – Proof of homeowner’s insurance required. Proof of flood insurance may be required.

    – The 15/15 First Time Home Buyer Program allows for 100% financing of the purchase price/appraised value, whichever is lower. Single Family, Primary Residences Only. Other certain restrictions apply – Contact the Credit Union for more details.

    – Contact the Credit Union about maximum LTVs based on unit and purpose.

    – Mortgage loans are available in NYS only. Loan must meet credit, appraisal, and other guidelines. Title insurance is required.

    – Rates are subject to change at any time. The Credit Union reserves the right to modify or suspend any conditions of the loan programs at any time without prior notice.

    Adjustable-Rate Mortgage rate and payment changes:

    The rate indicated for adjustable-rate mortgages is the initial rate and is subject to increase. Adjustable-Rate Loans may be amortized over 20, 25 or 30 years. Manufactured/Mobile with land is amortized over 15 or 20 years.

    For example, the 5/1 ARM will have a constant interest rate for the first five years. Then the adjustable rate may change annually thereafter (“Change Date” as indicated in the Note) based on an “Index” which is the 1-Year Constant Maturity Treasury (1-Yr CMT) adjusted to a constant maturity of 1 year as made available by the Federal Reserve Board. The most recent index available as of 45 days before each Change Date is called the “Current Index”.

    Before each Change Date, the Note Holder will calculate the new interest rate by adding the “Margin” to the “Current Index”. The note holder will then round the result of this addition to the nearest one-eighth of one percentage point (0.125%). This rounded amount will be the interest rate until the next “Change Date”.

    The rate may not adjust more than the Per Adjustment Cap indicated above on each “Change Date”. The total loan adjustment will not adjust more than the Lifetime Cap indicated above over the lifetime of the loan.

    The Note Holder will then determine the amount of the monthly payment that would be sufficient to repay the unpaid principal that would be due in full on the maturity date at the new interest rate in substantially equal payments. The result of the calculation will be the new amount of monthly payment.

I have had a good experience with my sfcu loan. I am very satisfied and will continue to do business with sfcu in the future.

— Fran L

How it works

Becoming a homeowner is achievable in a few steps with SFCU

  • 1

    Complete an application

    Apply with one of our expert Mortgage Specialists

  • 2

    Get an answer

    We will review your application and review the next steps

  • 3

    Purchase your home

    With your mortgage funds you can purchase your home

Contact a Mortgage Specialist


Have a question? Get in touch with us

Your dream of owning a home is within reach

At SFCU, we have made purchasing a mobile home more affordable with our financing options and variety of terms.