We know how hard it is for owners and buyers of manufactured homes to find fixed-rate, long-term mortgage loans.
That’s why we created Welcome Home Loans — for people who have, or who want, the security of living in an affordable manufactured-home in a resident-owned community (ROC) or on their own land in N.H.
Welcome Home Loans are long-term, fixed-rate mortgage loans for manufactured-homes. They are unique because of the low down payment, no age limit on the home, no minimum credit score, terms up to 30 years, and require no private mortgage insurance.
Welcome Home Loans can be used to buy a new or existing home, refinance your current loan, or add to or improve your current home.
Depending on your financial situation, we may be able to help you with down payment and closing costs on your Welcome Home Loan.
If you’d like to buy a new Energy Star home to place in a ROC, the Your Turn assistance offers an additional $35,000 loan to cover those costs.
If you’re buying a pre-owned home in a ROC or on land you own or are buying, and your household income is below a defined level, you may be eligible for down payment assistance.
Here’s what you need to know about Welcome Home Loans
You may be able to 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.
If you are considering buying a manufactured home, you should know about the benefits of a ROC.
ROCs are cooperatives owned and run by the homeowners. Residents have greater control over rules and bylaws, access to better mortgage financing (which increases the value of their homes), and more financial security because they have a say in lot fees and park improvements.
Be sure to let your Realtor know you’re interested in buying or placing a home in a ROC.
Our Mortgage Loan Originators will take the time to understand your personal situation. You can contact them by email or call 603-224-6669 and select option 1.
Ron Thompson, NMLS #225348
Heather Ralphs, NMLS #2567112
Holly Williams, NMLS #792621
“The Community Loan Fund helped me clear up everything and put myself in a position to buy,” John [the home buyer] says.
Learn More“It’s an awesome feeling. I’ve never been proud of myself, but I could not be more proud of myself right now,” Antonicia says.
Learn More“I love it. I know what I’m going to pay every month, and know I can afford it, so I don’t have that stress”
Learn MoreThe couple briefly considered getting a home on a small plot of land and even qualified for a bank mortgage, but Pine Grove MHP had been their home since 1971
Learn More“We just wanted to be happy. We just wanted our kids to be happy and settled.”
Learn MoreI'm really proud of myself, I never thought I would own my own home.
Thank you for making my golden years golden.
The Community Loan Fund helped me clear up everything and put myself in a position to buy.
I will make y'all proud that you took a chance on me and invested in my life. I will never forget!
You don’t even know me and yet you gave me a gift of a home that I can afford and all the resources I need to start out with it. I’m truly grateful for all that you’ve done for me.
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