Multiple Financing Options Available

    FHA, VA, and USDA Financing for Your Elegment Modular Home in Texas

    Why Choose Government-Backed Financing?

    Low Down Payment Options

    FHA loans require as little as 3.5% down, VA loans offer 0% down for veterans, and USDA loans provide 100% financing.

    Government-Backed Security

    All three loan programs are backed by the federal government, providing security and competitive terms.

    Perfect for Elegment Homes

    Our modular homes qualify for FHA, VA, and USDA financing programs with flexible credit requirements.

    Multiple Program Options

    Choose from FHA (any location), VA (veterans), or USDA (rural areas) based on your eligibility and location.

    Competitive Rates

    Enjoy competitive interest rates and 30-year fixed terms with flexible credit qualifying options.

    Specialized Benefits

    Each program offers unique advantages: FHA flexibility, VA no down payment, USDA rural benefits.

    How It Works

    1

    Choose Your Home

    Browse our 5 modular home models and select the perfect design for your family's needs and lifestyle.

    2

    Find Eligible Land

    We'll help you find the right land in Texas that meets your financing program requirements for your home placement.

    3

    Contact Our Partner

    Reach out to MetroPlex Mortgage Services for a free pre-qualification. They'll assess your eligibility and explain your options.

    4

    Get Approved & Close

    Complete your loan application, receive approval, and close on your new home with zero down payment.

    Our Trusted Financing Partner

    We've partnered with MetroPlex Mortgage Services, a specialist in FHA, VA, and USDA loans, to bring you exceptional financing options.

    Government Loan Specialist

    Established in 2001 with over 20 years of experience in FHA, VA, and USDA loan programs and proven expertise.

    Multi-Program Expertise

    Deep understanding of all government loan programs with flexible credit qualifying and in-house underwriting.

    Exceptional Service Record

    Top-ranked customer service with a commitment to communication, follow-up, and on-time closings.

    Loan Program Requirements

    FHA Loan Requirements

    Minimum 3.5% down payment, 580+ credit score, steady employment history, and debt-to-income ratio under 57%.

    VA Loan Requirements

    Available to eligible veterans, active military, and surviving spouses. No down payment required, no PMI, and competitive rates.

    USDA Loan Requirements

    Property in eligible rural area, income limits based on location, no down payment required, and primary residence only.

    Primary Residence

    All programs require the home to be your primary residence, not a second home or investment property.

    Credit Qualifying

    Each program offers flexible credit requirements with options for various credit situations and histories.

    Repayment Ability

    You must demonstrate stable income and the ability to repay the loan based on debt-to-income ratios.

    Ready to Get Started?

    Contact Element Homes team today to get started with your home ownership journey!

    Contact Element Homes Team

    Call/Text: (970) 420-2440

    1. Choose your ideal modular home model

    2. Select a Texas land parcel that suits your needs

    3. We'll coordinate with MetroPlex on your behalf

    Sean A. Stephens, CMB®

    NMLS ID #185288

    Call/Text: 813-935-8330

    Toll Free: 800-806-9836 x280

    Email: SeanS@MPLX.org

    Website: www.MPLX.org

    USDA Specialist: www.USDALoanPro.com

    Financing FAQ

    Common questions about financing your modular home

    MetroPlex Mortgage Services | Company NMLS # 185264 | Equal Housing Opportunity

    This is not a commitment to lend. Loan approval is subject to credit approval and program guidelines. Not all loan programs are available in all states for all loan amounts. Interest rates and program terms are subject to change without notice. Other restrictions may apply.