Not all mortgage lenders will finance a mobile home purchase. Those who do will often require the home to be attached to a permanent foundation. There are five types of financing available for mobile ...

Dreaming of homeownership without the high costs of purchasing and maintaining a traditional, “stick-built” residence? Consider a manufactured or mobile home, which can cost less and promise easier ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Lars Peterson joined Investopedia in 2023 as a senior editor of financial product ...

A chattel mortgage is a loan used to buy movable property, like manufactured and mobile homes, rather than fixed real estate. They are sometimes referred to interchangeably as manufactured home loans.

In one of the nation’s most expensive housing markets, a nonprofit says subsidized loans are still available to help low-income residents in San Mateo County mobile home parks. The Housing Endowment ...

The Consumer Financial Protection Bureau (CFPB) has sued Vanderbilt Mortgage & Finance, accusing the company of routinely approving manufactured-home loans for families who could not afford them. The ...

A chattel loan is a loan used to buy movable property — including manufactured homes. You can get a chattel loan from a lender to purchase a manufactured home, but you’ll need to figure out how to buy ...