At Affordable Homes of Bonifay, we’re here to help you take the next step toward owning your home. We work with trusted lenders to offer financing options that are both flexible and affordable. Whether you have excellent credit or past challenges, we provide programs designed to meet a wide range of financial needs. From getting pre-approved to exploring your options, our experienced team supports you every step of the way. Reach out today and let us help make homeownership in the Florida Panhandle, Southern Alabama, and Southwest Georgia a reality.
Click the button below to complete your financing application. Be sure to contact your sales representative at Affordable Homes for the Dealer ID number before submitting your application.
There are several financing options available for purchasing a manufactured home, each designed to meet different needs and situations. From traditional mortgage programs to specialized loans for land-home packages, the right solution is out there. Explore the options below, and if you’re unsure where to start, contact us today! We’ll help you find the financing that fits you best.
One of the most requested options. This loan includes the purchase of the home, the land, and any required land improvements like clearing, utilities, or septic systems, all in a single package.
A loan that covers the home only, not the land. This option is common for buyers placing a home in a park or on leased or family-owned property. A 5% down payment is typical, though buyers with strong credit may qualify for no money down.
For buyers financing the home as real property. We partner with leading national lenders who specialize in manufactured and modular home loans to help you secure competitive terms.
Use your owned land as the down payment instead of cash. The land acts as collateral for the loan, and its appraised value affects the total down payment required.
Some buyers opt to pay for their home in full. This choice eliminates loan interest and enables a faster closing process.
Ideal for buyers with limited or no credit history. A co-signer can help you qualify for financing by contributing their credit strength to the application.
Created for buyers with credit challenges. This program doesn’t require a minimum credit score, though a larger down payment may be needed.
Allows a friend or family member to buy a home on behalf of someone else. This is common when the future occupant has limited income or poor credit.
For vacation homes or non-primary residences. This option usually requires a larger down payment and a stronger credit profile.
Veterans and active-duty service members can purchase a home with no down payment and competitive rates through VA loans. At Affordable Homes of Bonifay, we’re proud to help military families use these benefits to make homeownership a reality.
FHA loans help buyers with limited savings or lower credit scores purchase a home more easily. With low down payment options and flexible requirements, Affordable Homes of Bonifay can guide you to the right path for affordable homeownership.
For buyers in eligible rural areas, USDA loans provide 100% financing with no down payment. Affordable Homes of Bonifay can guide you through the process so you can enjoy affordable homeownership across the Florida Panhandle, Southern Alabama, and Southwest Georgia.
A specialized loan program for manufactured homes that meet higher construction and design standards, including permanent foundations, pitched roofs, and attached garages or carports. MH Advantage offers lower interest rates, down payments as low as 3%, and terms similar to traditional site-built home mortgages. It’s an excellent option if your home qualifies and you’re seeking long-term value with affordable monthly payment
