Most lenders don't want to lend on mobile homes if they can help it in this current market. They set up rules such as the home must be less than 10 years old, or they want a structural engineer letter for the foundation. Additionally, the appraisals have frequently been coming in lower than the asking price. As a rule, mobile homes depreciate. So in a down market, this makes pricing it more difficult. Mobile home prices have fallen dramatically in the last 24 months and their are alot of them for sale.