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| March 23, 2021 | ||||
update: financing on existing manufactured homesUp until now, only traditional homes and newly constructed manufactured houses have been eligible for financing through Rural Development’s (RD) Section 502 Guaranteed Loan Program.CHFA is pleased to announce, given Colorado’s approval to participate, CHFA now allows existing manufactured homes to be financed with a Section 502 Guaranteed Loan under our SmartStepsm and SmartStep Plussm Programs regardless if the home is not currently financed by RD. The manufactured home must meet all CHFA requirements, as well as all RD Section 502 Guaranteed Loan Program requirements. Please contact us should you have questions. CHFA Home Finance Homeownership@chfainfo.com 303.297.7376 or 888.320.3688 Denver 970.241.2341 or 800.877.8450 Western Slope |
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