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Keybank to offer financing for manufactured homes

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November 2, 2023

Keybank announced additional financing options for manufactured homes as part of an effort to improve affordable housing. In order to qualify, the house must be affixed to the ground, be within eligible areas, have a HUD data plate and certification label and be a primary or secondary home, according to a press release.

The bank also offers its special purpose credit programs for closing costs and fees. In addition, the bank provides a Key Opportunities Home Equity Loan, Home Buyer Credit and Neighbor's First Credit.

"Keybank is committed to reducing the barriers to homeownership through affordable lending products and services, educational support and direct investment," Dale Baker, president of home lending at Keybank, said in the release. "Owning a home is a foundational step to building a long-term investment strategy. These new manufactured home financing options are the next step Keybank is taking to do our part in helping our clients achieve their dream of home ownership and move forward on their financial journey."