QUESTION
Is Rocket Mortgage a financing option for modular homes?
ANSWER
20
Yes, Rocket Mortgage offers financing options for the purchase of modular homes. Modular homes, which are typically built in sections at a factory and then assembled on-site, qualify for traditional mortgage financing as long as they meet certain requirements. Rocket Mortgage by Quicken Loans provides home loans for these types of properties, provided they are legally classified as real estate and affixed to a permanent foundation. Borrowers would need to go through the usual application process, ensuring that the modular home, along with their creditworthiness and other factors, adheres to the lender's guidelines and any applicable government regulations.
EXCLUSIVE OFFER
04.21.2024
DOES ROCKET MORTGAGE FINANCE MODULAR HOMES