Used homes
VMF Homes
VMF Homes is a division of Vanderbilt Mortgage and Finance, Inc. that sells used manufactured homes. Its entire inventory is pre-owned, and a large share of it is repossessed or foreclosed stock: a repossession is typically the home only, where the land was not part of the loan, while a foreclosure typically includes both the home and the land.
Buyers search inventory by state on the site, filtering for single-section and multi-section homes, homes on land, and homes located in communities. Listings marked "Financing Available" can be financed through a Vanderbilt Mortgage application, subject to credit approval; buyers are free to use a local bank or any other lender, and homes without that marking are not financeable through Vanderbilt. A site account saves homes and search activity.
The company is based in Maryville, Tennessee and sells across the United States, working through regional relationships with an in-house coordination and closing process that uses wired funds rather than in-person closings. Its sales line is staffed weekdays and Saturday mornings.
Prices do not include moving or setup, which the buyer pays separately; VMF Homes does not sell delivery and setup as a service but will connect buyers with licensed movers it has relationships with. It does not accept trade-ins.
Best for
Buyers and investors hunting low-cost used, repossessed, or foreclosed manufactured homes who can arrange and pay for their own move and setup. Not for anyone buying a new home from a factory or wanting turnkey delivery.
What they do
- Used manufactured home sales
- Repossessed and foreclosed home listings
- State-by-state inventory search
- Home-only and home-with-land listings
- Listings for homes located in communities
- Financing applications through Vanderbilt Mortgage on eligible homes
- Referrals to licensed movers for transport and setup
- Mortgage calculator and saved-home account
Details
| Attribute | Value |
|---|---|
| Ownership | Subsidiary |
| Licenses | NMLS# 1561, RBI# 37392 |
What stands out
- A division of Vanderbilt Mortgage and Finance, Inc., operating under NMLS# 1561 and RBI# 37392.
- All inventory is used or pre-owned, though homes built as recently as the previous year are sometimes available.
- Based in Maryville, Tennessee, with an in-house coordination and closing process that uses wired funds for buyers nationwide.
- Sales line is staffed Monday to Friday 8am-5:30pm and Saturday 10am-2pm Eastern.
Common questions
- Are the manufactured homes VMF Homes sells new?
- No. The entire inventory is used or pre-owned manufactured homes, though homes built as recently as the previous year are sometimes available.
- Does the price include moving and setup?
- No. Moving and setup costs are separate and paid by the buyer, and they vary with the home and the destination. VMF Homes suggests contacting local movers for rates.
- Can VMF Homes help with moving and setup?
- It does not sell delivery and setup as a service, but it does help facilitate the process where possible, including connecting buyers with licensed movers it has relationships with and, in some cases, helping a buyer find land.
- What financing options are available?
- Buyers may use any lender they choose. Listings marked "Financing Available" can be financed through Vanderbilt Mortgage's online application, subject to credit approval and certain limitations; homes without that marking are not financed by Vanderbilt, and a local bank or other lender would need to be used.
- Does VMF Homes accept trade-ins?
- No. The company states that it does not take trade-ins on the homes it sells.