Most mobile homes are on leased land and there is a monthly space rent, the lowest I have seen is $650.00 and it goes up to $1,700.00 per month. I have only found a couple of parks that you can actually purchase the land. I suggest you enlist the help of a Realtor to help you locate the right property for you and also to help you with the application for credit with the financing institution. As you can see by the previous answers there are many lenders that you can get a loan from.
Here are 3 Mobile Home Lenders to talk to.
1) Bob Young: 714-323-6854
2) Bret Theis: 800-882-1999
3) Elisas Abrego: 800-232-3908
Cindi Lilly at Santiago Financial
They also have a sizable inventory of foreclosed Manufactured Homes, often at reduced prices (many are posted on my website). If the one you are looking at doesn't pan out, drop me a line and I may be able to help.
You may already know that the traditional banks do not service Mobile/Manufactured homes. The interest rate is higher than if you were to buy a condo or home and depends on your credit.
--California Manufactured Home Finance 800-882-1999
--ACC Funding 800-578-4022
--JCF Lending Group 800-397-7533
--P.S. Home Loans 800-235-7408
--MH Loans 888-809-1145
-- Premier Capitol Lending 800-578-4022
-- U.S. Financial Network 949-661-9044
There are several to choose from. I would compare them and see how they can help you.
I do work with Mobile/Manufactured Homes and If you would like my assistance just let me know.
Talk to you soon
Ingrid Ski Realtor
These are 2 I know of:
If that does not work out with the one you are offerng on I have another one in Anaheim Hills that is beautiful.
Best of luck to you,
Prudential CA Realty