General Requirements | Oregon & Washington

Requirements

Must be built on or after June 15th 1976 (can be verified by looking for the presence of either HUD tags or a data plate)
Axles, tongue, and wheels must be removed and skirting must be in place
Primary residence, 2nd home, and investment property all OK
Singlewide, doublewide, and triplewide all OK
Can be in a park or on land that you own (or will own)
Can be moved in the past if using a VA loan, or if the home is 15 years old or newer, or if it's in a park

Minimum middle credit score of 580 for most land/home mortgages (lower if offset by large down payment or equity)
Minimum average credit score of 600 for home-only loans
Minimum 2 years since foreclosure, deed in lieu of foreclosure, short sale, or chapter 7 bankruptcy (no wait period if offset by large down payment or equity)
Minimum 1 year of on time payments if you've had a chapter 13 bankruptcy

Property requirements are the same as listed above
Borrower requirements are much less stringent and more flexible than above
At least one borrower must be 62 years of age or older
Must have equity in the property, but home does not need to be paid off to qualify