Current mobile home loan rates run 7%–12% for chattel loans and 6.5%–8.5% for real property mortgages. See what affects your rate and how to get the best deal.
Chattel loans are faster but cost more; real property mortgages have lower rates but stricter requirements. Here's how to know which one applies to your situation.
FHA Title I finances the home alone (no land needed); Title II requires land ownership but offers better rates. Learn which program fits your situation.
Down payments for mobile homes range from 3.5% (FHA) to 20%+ for chattel loans. This guide breaks down requirements by loan type and shows how down payment size affects your monthly cost.
Refinancing a manufactured home loan can save hundreds per month, but the rules differ from conventional mortgages. Learn when it makes sense and what the process looks like.
Most chattel lenders want 640+ for competitive rates; FHA programs start at 500-580. This guide explains credit thresholds by loan type and strategies to improve your score before applying.
