FYI, If the home was built after June 15, 1976 it's not a "Mobile Home". It's a "Manufactured home". If the Manufactured Home is in a resident owned park there are fully amortized 30 year loans available. You can contact me anytime and I would be happy to refer you to a competitive and reliable lender.
If it's not in a resident owned community i.e. a condo conversion, sub division or Planned Unit Development (PUD) or on a privately owned parcel but instead in a rent/lease park/community it is more difficult to secure financing and but it is out there.
You just have to be prepared to put down a larger down payment and would be paying a higher interest rate for a shorter period of time. However, there are lenders that will provide chattel loans for up to 20 years. Again you can contact me and I will b happy to refer you to someone.
My cell phone is 760 815-6977 and my email is email@example.com. Hope you had a very Merry Christmas and do have a Happy, Healthy and Prosperous New Year.
When you are buying a mobile home in a park, and the land isn't included, that is called a "land lease" or a "chattel mortgage" and very few lenders will finance those types of homes. Like Ana mentioned, First Pacific Financial will finance these types of properties. Their website is http://firstpacificloans.com
21st Mortgage Corporation will also finance them, website is https://www.21stmortgage.com/web/21stSite.nsf/options?OpenForm (it looks odd, but that is their actual website page with links to their various loan programs, where you can find their lending guidelines)
JCF Lending Group does as well, website is http://www.chattelmortgage.net/ (lists a lot of their lending guidelines on that page)
Land/Home Financial does too, website is https://www.land-home.net/
Hope one of them can help you with your financing.
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