We lend to manufactured-home buyers who are placing their homes in ROCs or on their own land. Check our list of ROCs to find one near you.

Be sure the total cost to make the home move-in ready is within the amount you prequalified for. The retailer must act as the “general contractor” for the home installation. We only disburse money to the retailer, so all labor and materials to get the home move-in ready must be on their contract. This includes sitework, utility connections, and stairs or decks.

If you’re buying a piece of land (or already have one), do you need to install a septic tank and well? We only disburse to one entity, so everything included in the loan, including the cost of running electric to the site, any prep work (like tree removal), hookups to town water and sewer, and final loaming of the site need to be listed on the retailer's contract.

The proposal should include the house’s floor plan, features list and, if placing a home on your land, the fully executed land contract.

After receiving a proposal from the retailer, we will email you a link to an online application portal. Please be sure to also submit supporting documentation.

Once we have your completed application and purchase contracts, we are at least 45 days out from closing on your loan. You’ll want to get from the retailer the timeframe from your closing to when the home will be shipped from the factory and installed on your site.

We will order both of these after we receive the appraisal fee and the borrower’s signed “Intent to Proceed” form. The appraiser then visits the home site and uses the floor plan and features list to determine the value, just as if the home was already completed.

We work with you to gather any items that are required prior to closing the loan. At closing, you, the lender, and the home retailer review and sign the construction loan documents.  

At the loan closing the owner of the land (if applicable) gets all of their proceeds. The retailer  gets their first 10% disbursement. You will need additional documentation between when your loan closes and when you get a certificate of occupancy.  

Call us at (603) 224-6669, option 1 to discuss your questions and see if our program will fit your needs.

You may prequalify for a Welcome Home Loan by completing a one-page form and faxing or mailing it to us.  If you don’t have a computer or access to a printer, please call us at (603) 224-6669, option 1 to schedule an interview. We’ll review the form and give you a call back. We’ll also look to see if you qualify for any down payment assistance programs. 

Work with a realtor and find a new home in a resident-owned community (ROC) or owned land. We can recommend realtors we've worked with in the past if needed. Give us a call to make sure the home you've identified is eligible  for your prequalification.

Once you have solidified a purchase contract please contact your loan officer for next steps.

Once we receive a purchase contract signed by you and the seller, we will mail you a link to an online application portal. The portal is where you will upload all supporting documents too.  NOTE: Once we have your completed application and purchase contract, expect a turnaround time of up to 45 days to close your loan.

Once your loan has bee approved, our team will order the appraisal and title. The appraiser will schedule the visit with the seller or listing agent.

NOTE: You will be required to pay the appraisal fee before the appraisal can be scheduled. 

We will work with you to gather any items that are required  prior to closing the loan.

You did it! You're now a homeowner!