Manufactured housing quietly provides deeply affordable starter homes at an average construction cost under $90,000, but is easily excluded by some communities. Manufactured housing remains a grievously underutilized, deeply affordable housing resource in Rust Belt cities with low land prices, and in rural areas in northeastern states.

Manufactured housing has long mattered most in low-income and rural areas with low land prices. In states with the most liberal regulatory treatment of manufactured housing, concentrated in the South and West, manufactured homes supply between 20 percent and 60 percent of all new single-family homes.

If your credit score is 580 or higher, you can finance as much as 96.5% of the home’s purchase price, so you’ll only need to put down 3.5%. How much you can borrow will depend on where you live — for instance, homebuyers in places like New York and San Francisco can borrow more because the cost of living is higher than in other areas.
One way to find approved FHA loan lenders is to go directly to the HUD lender list search tool. You can search for lenders by city, county, state, ZIP code and mortgage type. [Link]