There are several factors to purchasing a manufactured home (MFH). Most lenders do not lend on them anymore and the ones that do have strict guidelines, please see below for some guidelines for an FHA Loan on a MFH:.
*Must have been built after June 15, 1976, as evidenced by an affixed certification label.
*Must be classified as real estate but need not be treated as real estate for purposes of state taxation.
*Home must already be on the subject lot, must be built on and remain on a permanent foundation and wheels and tongue must be removed.
*Finished grade must be at or above the 100 year flood elevation
*Mortgage must cover both the unit and site
*Foundation must be certified by an approved structural engineer. A new certification is required on refinances.
*Unit must be at least 400 square feet
Please feel free to contact me with any questions or concerns.
NMLS# 947738 / AZ# 0921717
Real Estate since 1979
There are number of MH on acre of land all around Tucson - mostly in Marana and Vail, many in foreclosure. Call up few lenders in Tucson and talk to them. If you are a member of a credit union see if they have any financial "connection" to Tucson. Also, be aware the for $50,000 you are not going to get much. I you send me your email address I will send you information on some available properties.
George in Tucson
With that being said, there are lenders that work with buyers to purchase mobile/manufactured homes. I've had several people refer me to Wells Fargo, but I can not endorse in any way no have I used them in this capacity.
Ask around in the Tucson area, you can start with your bank to see where you can start in finding funding for your transaction.