A Chattel Mortgage is a loan for a Mobile Home that is movable (not permanently attached to the ground) and is considered Personal Property.
You are typically required to pay Rent for the space your home will be located within the Park.
At Mobile Homes Lending, we can lend on these types of properties.
Our Chattel Mortgage will only finance the home itself, and will not inlcude financing for the land it's located on.
Please see our other program, Mobile/Manufactured Home In a Planned Unit Development for homes that are in a Park/Community where you will also own the land.
⇒ Minimum Down Payment as low as 5%
⇒ Loan Terms Available 10, 15, 20, and 25 Years
⇒ Pre-HUD (1970-1976) & Post-HUD 1976+
⇒ Single-Wide or Double/Multi-Wide Allowed
• Single-Wide (Post-HUD only)
⇒ Primary and Secondary/Vacation Homes
⇒ New or Exisitng Homes
⇒ Purchase, Rate & Term or Cash Out Financing Available
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