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Single Wide Manufactured Home and Land Loans

Rates Effective as of May 27, 2022

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)

ProductMax. TermInterest RateAPR*Payment per $1,000.00
1 Yr. ARM**30 Yrs.5.250%4.880%$5.52
3 Yr. ARM**30 Yrs.5.250%5.450%$5.52
5/1 Yr. ARM**30 Yrs.5.375%5.068%$5.60
10/1 Yr. ARM**15 Yrs.5.125%5.213%$7.97
10/1 Yr. ARM**30 Yrs.5.375%5.230%$5.60
Fixed Rate10 Yrs.5.250%5.424%$10.73
Fixed Rate15 Yrs.5.750%5.877%$8.30
Fixed Rate20 Yrs.6.000%6.103%$7.16
Fixed Rate25 Yrs.6.000%6.087%$6.44

Maximum Loan-To-Value for Primary Residences = 80%
Maximum Loan-To-Value for Second Home and Construction/Permanent = 80%

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

Double Wide Manufactured Home/Land Loan Financing - Refer to the Mortgage Loan Rates

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: May 27, 2022

**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