Solutions
Manufactured & Mobile Home Loans
Affordable homeownership on a different foundation — with financing that fits.
Manufactured homes are one of the most affordable routes into ownership, and financing them is very possible — the key is understanding how the home is classified.
Real property vs. personal property
A manufactured home permanently affixed to a foundation on land you own is generally treated as real property, and can qualify for the same kinds of mortgage programs as a site-built home — including government-backed loans. A home not permanently affixed, or in a leased community, is often treated as personal property and financed differently.
What lenders look for
- A permanent foundation meeting program standards.
- The home classified as real property with the land.
- Age and condition within program guidelines.
- Clear title to both the home and the land.
Pro tip
If you want the best financing terms, aim for a manufactured home on a permanent foundation on land you own — that configuration opens the widest set of mortgage programs, including low-down-payment options.
Common questions
Can I get a regular mortgage on a manufactured home?
Often yes — if the home is on a permanent foundation and classified as real property with the land, it can qualify for mainstream mortgage programs, including government-backed loans. Classification is the deciding factor.
What is the difference between a manufactured and a modular home?
Both are built off-site, but modular homes are assembled to local building codes like site-built homes and are generally financed the same way, while manufactured homes follow a federal code and depend more on foundation and classification.