Manufatured Homes
It's not always easy to find financing for Manufactured Homes. That's why at Community Credit Union, we've designed a manufactured housing product that will make your life easy and get you into the home you want!
Requirements to Qualify For CCU's Manufactured Housing Program
- All homes must be on a cement slab or foundation
- All homes must be tied down
- Wheels, axels and hitches must be removed from the unit
- All homes must be within a 100 mile radius of Lewiston/Auburn and be located in Maine
- 1 years property insurance must be paid prior to closing
- Inspection is due prior to closing to verify the above requirements
Singlewide Manufactured in a Park or on Leased Land
Term
|
Home Age
|
Down Payment
|
20 Years
|
New to 5 yrs
|
10%
|
15 Years
|
New to 5 yrs
|
10% |
10 Years
|
5-10 yrs
|
10% |
5 Years
|
10-15 yrs
|
10% |
Singlewide Manufactured On Land
Term
|
Home Age
|
Down Payment
|
20 Years
|
New to 5 yrs
|
20%
|
15 Years
|
Over 5-10 yrs
|
20% |
10 Years
|
Over 10-15 yrs
|
20% |
5 Years
|
Over 15-20 yrs
|
20% |
Doublewide Manufactured in a Park or on Leased Land
Term
|
Home Age
|
Down Payment
|
25 Years
|
New Unit/
Financing over $70,000
|
10% |
20 Years
|
New to 5 yrs
|
10% |
15 Years
|
Over 5-10 yrs
|
10% |
10 Years
|
Over 10-15 yrs
|
10% |
5 Years
|
Over 15-20 yrs
|
10% |
Singlewide or Doublewide with Land
Term
|
Home Age
|
Down Payment
|
25 Years
|
New to 5 yrs |
20% & 1pt
|
20 Years
|
Over 5-10 yrs |
20% |
15 Years
|
Over 10-15 yrs |
20% |
10 Years
|
Over 15-20 yrs |
20% |
Community Credit Union will consider financing a manufactured home older than 20 years, however, there must be substantial equity in the land.
Calculate Your Monthly Mortgage Payment
Click here to connect to the  Mortgage Payment calculator.
This calculator will help you:
- Figure out how much home you can afford
- Decide which home to buy (the one you can afford)
- Determine which loan is best for your situation
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