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How to finance a mobile or manufactured home
Bankrate
12/23/2020
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mobile home in mobile home park
Mobile homes can offer more flexibility than traditional homes at a much lower cost. However, this doesn t mean that they re a small expense. Mobile homes often cost between $60,000 and $100,000, which is more than many people can afford to pay out of pocket.
If you need help buying a mobile home, you ll want to secure financing. Because mobile homes are not traditional real estate, obtaining financing for one can be a challenge. Most traditional lenders won t give you a mortgage to buy a mobile home, but there are other options to obtain mobile home loans. ....

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