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Single Wide Manufactured Home and Land Loans

Rates Effective as of July 21, 2023

The following loan rates are available for properties located within the Lower Eastern Shore of Maryland, Accomack County, Virginia and Lower Delaware.

Primary/Secondary Homes (Includes Construction/Permanent)

Includes Homes with Titles Surrendered

ProductMax. TermInterest RateAPR*Payment per $1,000.00
10/1 Yr. ARM**15 Yrs.8.250%8.371%$9.70
10/1 Yr. ARM**25 Yrs.8.500%8.499%$8.05
Fixed Rate10 Yrs.8.000%8.183%$12.13
Fixed Rate15 Yrs.8.250%8.386%$9.70
Fixed Rate20 Yrs.8.500%8.614%$8.68
Fixed Rate25 Yrs.8.500%8.599%$8.05

Maximum Loan-To-Value for Primary/Secondary Residence = 90%
Maximum Loan-To-Value for Construction/Permanent = 80%

Manufactured Home Only Financing Available for homes located in parks or on private property

*Monthly loan payment per $1,000 borrowed is based on the interest rate and maximum loan term quoted for each loan product.
Annual Percentage Rate is based on the index for the week of: July 14, 2023

Payments do not include amounts for taxes and insurance premiums, if applicable.

**The interest rate on Adjustable Rate Mortgage (ARM) loans may increase after the loan has been consummated. For more information describing the features of Adjustable Rate Mortgages, please contact your nearest branch office or e-mail.

½ Point charged on all Construction/Permanent Loans.
Inspection fees are required on construction loans.

Subject to Credit Approval.

The interest rates quoted are subject to revision without prior written notice.


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First Shore Federal | 106 S. Division St., Salisbury MD 21801 | 410-546-1101
Equal Housing LenderFDIC