Straight answers about paying for a mobile home.
Manufactured homes finance differently than site-built houses. Here’s what that means for your down payment, rate and timeline.
Two ways to finance
Chattel loan
For homes on leased land in a community. Faster to close, shorter terms, slightly higher rate.
- Down5–10%
- Term15–23 yr
- Closing2–4 weeks
Cash purchase
Strongest position with park management and the quickest path to keys.
- Down100%
- Term—
- Closing7–10 days
Common questions
Most of our lenders start looking at 620. Below that we can still often place a loan with a larger down payment — send us a note and we will tell you straight.
Yes. Every community runs its own application — usually income verification and a background check. It takes about a week and we submit it alongside your loan file so the two finish together.
Sometimes. FHA Title I and VA programs can cover manufactured homes, but the community has to qualify too. We will check the park before you apply.
Budget 2–4% of the purchase price for title transfer, registration, escrow and lender fees. We give you the itemised figure before you sign anything.
Talk to an agent
Send your details and we will come back the same business day with the numbers for the home you are looking at.