21st Mortgage Corporation: Best for mobile homes within a community or park eLEND: Best for first-time buyers Guild Mortgage: Best for low down payment options ManufacturedHome.Loan: Best for high ...

Pros and cons of taking out a home equity loan on a mobile home "The benefits of an equity loan on a mobile home are the same as those that own traditional homes, townhomes or condos," says Maja ...

Mobile, manufactured, and modular homes are similar, but there are key differences that will affect the financing you can use. Many programs require the home to have at least 400 square feet of ...

The top mortgage lenders for mobile homes are Rocket Mortgage and 21st Mortgage. Mobile home loans are not always easy to come by, especially if you want to take out a conventional mortgage.

However, you may be able to finance a mobile home built before June 15, 1976, with a different type of loan, like a personal loan or a chattel loan. Can you finance a mobile home in Florida? Yes.

Refinancing a mobile home—or manufactured home—is not as straightforward as a traditional mortgage refinance. Find out what options you have, and what you need to qualify.

On average, manufactured homes cost significantly less than traditional site-built homes, with the median price of a new manufactured home being about $87,000 (compared to $400,000+ for new site ...

As such, most mobile homes don’t qualify for traditional mortgage loans. Around 43% of mobile homes are secured with personal property loans, or “chattel” loans, in which the only collateral ...

Arcata has six mobile home parks with about 587 spaces, according to the city’s mobile home park rent control ordinance from 2017. These represent much of the affordable housing in city limits.

To evaluate the best mobile home loans, we collected 686 data points, surveying mortgage lenders and gathering data via websites, media contacts, and customer service contacts.

Mobile homes, also known as manufactured homes, can be a cost-effective alternative to buying a traditional home. Due to their lower cost and rapid depreciation, most traditional mortgage lenders ...