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CHFA Mobile Manufactured Home Loan Program

Connecticut Housing Finance Authority (CHFA) · Statewide, Connecticut

Last verified
See what you qualify forOfficial program site →
Assistance

$2,000–$150,000

The maximum the program publishes — not an offer

Income limit

100% AMI

Of area median income; varies by county and household size

What is CHFA Mobile Manufactured Home Loan Program?

CHFA Mobile Manufactured Home Loan Program is a first mortgage for homebuyers in Statewide, Connecticut, administered by Connecticut Housing Finance Authority (CHFA).

  • The CHFA Mobile Manufactured Home Loan Program offers low-interest financing to purchase or refinance a mobile manufactured home in a Connecticut state-licensed mobile home park. It carries a fixed 3.00% rate, up to 105% LTV (no down payment), loan amounts from $2,000 to $150,000, terms up to 30 years, and no mortgage insurance. First-time and repeat buyers and refinancing homeowners are eligible. Income must not exceed 100% AMI. Relaunched in 2025; limited funding.
  • Fixed 3.00% interest rate.
  • Up to 105% LTV - no down payment.
  • No mortgage insurance.
  • Loan amounts $2,000-$150,000, terms up to 30 years.
  • Purchase or refinance.
  • Funding comes from CHFA (program funding is limited; once exhausted, no further reservations).

How much assistance does it provide?

CHFA Mobile Manufactured Home Loan Program offers between $2,000 and $150,000 in assistance.

  • Amounts are the program's published maximums, not an offer — Connecticut Housing Finance Authority (CHFA) determines any individual award.

Do you have to pay it back?

CHFA Mobile Manufactured Home Loan Program is a first mortgage and is repaid under the terms set by Connecticut Housing Finance Authority (CHFA).

  • The assistance is recorded in First mortgage on the mobile/manufactured home position.
  • Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Who qualifies?

CHFA Mobile Manufactured Home Loan Program is open to buyers who will live in the home as their primary residence.

The program requires

  • The home is occupied as a primary residence
  • On credit: Not published on consumer materials; determined by the underlying first-mortgage product and CHFA underwriting.
  • A completed homebuyer education course, through Free CHFA homebuyer education class required only when ALL borrowers are first-time homebuyers.
  • Residency: Must be a year-round owner-occupied primary residence in a Connecticut state-licensed mobile home park; occupy within 60 days of closing.
  • DRAFT (dpa-gap-finder 2026-06-11): pending review. Distinct CHFA FIRST-MORTGAGE portfolio product (not a DPA second loan and not the rate-reduction overlay). Home must be in a CT state-licensed mobile home park, affixed (wheels/hitch/axles removed), year-round primary residence occupied within 60 days. Income <=100% AMI (Fannie/Freddie). Max 50% DTI. Cannot own other property at closing. Limited funding. Min credit score and exact dollar AMI not published (blank).

The program excludes

  • Households above 100% of area median income

These are the program's own published rules, not a decision about any individual — the administering agency and a lender determine who actually qualifies.

What are the income limits?

CHFA Mobile Manufactured Home Loan Program limits household income to 100% of the area median income, which varies by county and household size.

  • Income must not exceed 100% AMI (Fannie Mae/Freddie Mac Conventional limits). See CHFA Mobile Manufactured Home AMI chart (Rev. 5-21-25). Dollar AMI varies by county.
  • The limit applies to total household income, not only the borrower&rsquo;s.
  • Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

What kind of home can it be used for?

CHFA Mobile Manufactured Home Loan Program caps the purchase price as follows: No CHFA bond sales-price limit; loan capped at $150,000 max / $2,000 min. LTV up to 105% (no down payment required).

  • Eligible property types include Manufactured.
  • Manufactured homes are eligible.

Where does it apply?

CHFA Mobile Manufactured Home Loan Program serves buyers purchasing in Statewide, Connecticut.

How do you apply?

Applications for CHFA Mobile Manufactured Home Loan Program go through Connecticut Housing Finance Authority (CHFA), which publishes the current terms and the application steps on its own site.

  1. Take a homebuyer education course

    Required by the program, through Free CHFA homebuyer education class required only when ALL borrowers are first-time homebuyers..

  2. Contact Connecticut Housing Finance Authority (CHFA) to reserve funds

    Funds are reserved through Reserved through a CHFA Mobile Home Program lending partner; funding limited and first-come until exhausted., and are subject to availability.

  3. Work with a lender who handles the program

    Hey Prescott is not a lender and does not accept applications; this page describes the program so a buyer can take it to a lender or housing counselor.

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