Manufactured Home Financing

Get pre-qualified for a $100k personal loan in just minutes with no impact on your credit score.

Enter $600 - $100,000
Our Lending Partner Network
Mobile home financing

Best Manufactured (Mobile) Home Loans

There are over 8.5 million mobile homes in the U.S. with an estimated 20 million occupants, so mobile and manufactured homes are an important part of the housing sector. They may be more affordable than bricks and mortar homes, but with the average cost north of $88,000, most people hoping to own one need to find finance.

Many lenders are willing to offer mortgages for more mainstream housing but the majority are loath to lend money for mobile and manufactured homes. However, while traditional finance providers may be of little help, there are other options available.

Applying for mobile home financing is fast and easy:

Fill out a simple and fast online application in just minutes

Compare best personalized rates and choose your loan offer

Borrow up to $100,000 as fast as next business day

Absolutely no negative impact on your credit score, ever.

Need help finding the right loan?

No worries, we've got you covered! Compare personalized loan options in just minutes without impact on your credit score.

How Pasha Funding Works

How it Works
Apply in minutes

Get pre-qualified in less than 2 minutes and compare offers from top lenders with no impact on your credit score.

Choose your offer

Compare and choose an offer that works best for you based on your timeline and budget needs.

Get funded

After your loan is approved with the lender of your choice, receive your funds as fast as 1-2 business days.

Compare Your Personal Loan Options

What is a mobile home loan?

Any sort of financial package you can get that enables you to buy a mobile home qualifies as a mobile home loan. Most commonly people take out a personal loan or a chattel loan for this purpose, but there are other sources you can look into.

Best Mobile Home Personal Loans

Marcus lends amounts up to $40,000 for 3-6 years

Marcus by Goldman Sachs Personal Loans

Marcus by Goldman Sachs

Funding: Borrow $3,500 - $40,000
Minimum Credit Score: 660
APR: 6.99-19.99%
Loan term: 3 - 6 years
Funding turnaround: typically within one week

Marcus offers loans that are best for debt consolidation and has attractive customizable loan repayment options. While funding may take up to a week, there are no hidden fees and you may obtain competitive interest rates.

Avant has loans to a maximum of $35,000 for terms of 2-5 years



Funding: Borrow $2,000 - $35,000
Minimum Credit Score: 550
APR: 9.95 - 35.95%
Loan term: 2 - 5 years
Funding turnaround: within 24 hours in most cases

With Avant personal loans, borrowers with fair to good credit scores can get access to super fast funding up to $35K. Best for debt consolidation.

SoFi offers up to $100,000 for between 2-7 years



Funding: Borrow $5,000 - $100,000
Minimum Credit Score: 680
APR: 4.99% to 19.53%
Loan term: 2 - 7 years
Funding turnaround: 1 - 3 business days

With SoFi personal loans, borrowers can get access to up to $100,000 with APR starting as low as 4.99% with extra bonus perks ($500 for each funded loan) and fast turnaround time. 24/7 customer support available.

LightStream also has loans of a maximum of $100,000 for 2-7 years

Lightstream Personal Loans


Funding: Borrow $5,000 - $100,000
Minimum Credit Score: 660
APR: 2.49% - 19.99%
Loan term: 2 - 7 years
Funding turnaround: as soon as same business day

LightStream offers up to $100k personal loans as soon as same business day without origination fees and easy to use mobile app.

Can you get a loan for a mobile home on rented land?

It is certainly possible to borrow money to buy a mobile home that’s on rented land and most mobile home occupants don’t own the land their home is on. But if you own the land, or are looking to buy land along with the mobile home, you will find more borrowing opportunities.

How can I finance a manufactured home?

FHA loans

Overseen by the U.S. Department of Housing and Urban Development (HUD), the Federal Housing Administration (FHA) has two loan programs that are of interest to mobile home and manufactured home buyers:

  • Title I loans cater for both those looking to purchase either a home on its own or a home plus the lot. If the lot isn’t being purchased the borrower must have a minimum three-year signed lease. Maximum amounts are $69,678 for a home and $23,226 for the land with repayments spread over up to 20 years (15 if just the lot is being purchased).
  • Title II loans are purely for people who want to acquire both a mobile home and the land as a package. It is only for buyers who are going to use the home as their primary residence and for homes that are built on a permanent chassis – not for mobile homes.

The FHA doesn’t lend the money itself, rather it guarantees the loan for approved lenders. FHA loans are designed for those with less than perfect credit and offer many the best chance of securing finance for a home.

Fannie Mae Mortgages

The Federal National Mortgage Association, commonly known as Fannie Mae, was set up by the government in 1938 to help with the housing crisis and it is still doing so today, making mortgages available to low and middle-income borrowers. They carry low interest rates, terms of up to 30 years, and may only require a 3% down payment.

Freddie Mac Mortgages

Freddie Mac mortgages are very similar to those provided through Fannie Mae and are also designed to help those who would struggle to secure a home loan from traditional mortgage providers.

VA loans

The Department of Veteran Affairs insures loans for those that have a military background for the purchase of manufactured homes and lots, sometimes with no down payment required. VA loans are characterized by their generous terms.

Chattel Loans

Chattel loans are specifically for the purchase of expensive, moveable property, including mobile homes. The item itself acts as collateral for the loan but that means if you default your home can be seized. Chattel loans tend to have shorter terms and slightly higher interest rates than traditional mortgages.

Personal Loans

Personal loans can be used for anything including buying a mobile or manufactured home. Although interest rates are higher than most mortgages charge, the upsides are that a personal loan is easy to organize, there are fewer fees, and if you experience repayment issues your home is not at risk.

Why won’t banks finance manufactured homes?

Many banks consider manufactured homes as property and not real estate, particularly if the ground they are on is rented. As such, manufactured homes are not as likely to appreciate as conventional houses and may deteriorate quickly if not cared for.

How long can you finance a mobile home for?

Terms vary depending upon the sort of finance you choose. A personal loan is likely to last from two to five years whereas many mortgages are repaid over 20 or more years.

Is it hard to get a loan for a manufactured home?

It is not hard to get a loan for a manufactured home but it is more difficult than finding a mortgage for a conventional home. When seeking finance for a manufactured home you often need to look for specialist mortgage companies and lenders.

Compare Your Personal Loan Options

What size down payment will I need for a mobile home loan?

The amount you need for a down payment depends both on the type of loan and the amount your mobile home costs. While there are 100% mortgages available, most need a down payment. Even a Fannie Mae loan requires a 3% down payment which equates to over $2,500 for the average mobile home. Personal loans, of course, have no down payment requirement.

What credit score is needed to finance a mobile home?

If you opt for a government-backed lender you often don’t have to have a high credit score. But for a personal loan, certainly one with a low interest rate, you need a credit score of at least 580 and perhaps 660 or more to secure the best deals.

How do I get approved for a mobile home loan?

  1. Find out your credit score: All lenders will want to know your credit report – prompt repayments and a good debt-to-income ratio will stand you in good stead and get you the best interest rates.
  2. Know exactly what you are buying: Loan companies all have different criteria for their loans and will need the specifics before they make you an offer.
  3. Are you buying a home and a plot? Buying the land as well as the home will make lenders more likely to give you finance.
  4. Examine your loan options: There are many ways to finance a mobile home and you need to choose the one that is best for you.
  5. Apply for the loan and make sure you have the down payment ready.

Can I get a mobile home loan with bad credit?

There are loan programs available for those with bad credit but your choices are limited. Certainly, for a personal loan, a poor credit score means high interest rates and short repayment periods – and those monthly payments may be hard to keep up.

Manufactured Home Loan Calculator

If you are in the market for a manufactured or mobile home loan check out the most affordable option with our calculator:

How much do you need to borrow?


Total Payment


Total Interest


Monthly Payment


Ready to apply for a personal loan?

Compare rates from top lenders with no impact on your credit, ever.

Find Your Personalized Rate

Compare and apply

Most of us aspire to owning our own homes and getting finance for a manufactured home or a mobile home can help us realize the dream. Once you know how much you need, just compare the offers of your chosen lenders and apply. A personal loan application is usually straightforward and fast and you may be a homeowner almost before you know it.

Personal Loans for Every Occasion

Compare Personal Loans in Minutes

Apply online and find your best rate without affecting your credit score.