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Freddie Mac Single-Family Duty to Serve

Manufactured Housing

A viable source of affordable, sustainable homeownership.

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More than 22 million families are homeowners because of manufactured housing. It just might be the critical source of affordable housing the industry needs. We’re providing innovative and flexible financing solutions to support this market.

We currently support financing for real property manufactured homes, but we want to do more.


We’re currently exploring opportunities to purchase personal property or chattel loans.


Freddie Mac CHOICEHomeSM

Features You Want, Financing You Need
For years the manufactured housing industry has wanted similar financing options for manufactured homes as those offered on site-built homes. Now, we have it, with CHOICEHomeSM.

About CHOICEHome


Featured Video

Financing options for the entire manufacturing housing market.

  • Did you know?

    Average price per square foot of a manufactured home is $49 vs $107 for site built

  • Did you know?

    The average sales price of a new manufactured home is $73,400

  • Did you know?

    Manufactured housing sector contributes almost $3 billion to GDP each year

What's New

Photo of Mike Dawson

Manufactured Housing: Getting Closer to Home

Did you know 22 million Americans—or one in 14 people—live in manufactured homes?

photo of a manufactured home

Introducing CHOICEHomeSM

We’re bringing conventional financing to a new type of high-quality, factory-built home.

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Single Close Construction Conversion Loan

Experience a shorter, more efficient closing process for financing a real property manufactured home.

myths about manufactured housing

Manufactured Housing Myth vs Fact

Eight prevalent manufactured housing myths and the facts that debunk them.

  • “Freddie Mac is helping Next Step deliver upon our promise of providing better homes and loans for prepared and supported homebuyers. The SmartMH Program helps consumers navigate the process of buying a manufactured home, while supporting them in their housing choice.”

    Stacey Epperson

    Stacey Epperson
    President & Founder, Next Step Network, Inc.

  • “The SmartMH Program gives a family hope that their dream of homeownership is possible. It provides much needed help and support for a home buyer to lift themselves up, define the importance of owning their own home and realizing their dream through learning and hard work.”

    Chris Nicely

    Chris Nicely
    CEO, Next Step Network, Inc.

  • “Lenders participating in our SmartMH Program with Freddie Mac are helping those looking to buy a manufactured home access the tools, resources and loan products they need to successfully finance and ultimately own their home.”

    Patrick Curry

    Patrick Curry
    SmartMH Program Manager, Next Step Network, Inc.

  • “As a housing counselor participating in the SmartMH program it is an honor to guide our customers through the home buying process. We become a trusted advisor for each household and provide an individualized blueprint for obtaining the home of their dreams.”

    Kelly Fleck

    Kelly Fleck
    Homeownership Director, Frontier KY

Show your borrowers why manufactured housing is a viable option.

Borrower Journey Map


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