What are my Financing Options?   

Financing options range from personal property installment loans (when the home is being purchased separate from land) to conventional fixed and adjustable rate real property mortgages (when the home and land are being purchased as one entity - real estate).  Personal property loans generally require 5-20 % down and are financed over 10 to 30 years. Interest rates are somewhat higher than real property loans.

Financing sources include banks, savings and loan associations, mortgage brokers, credit unions, and commercial finance companies. Manufactured homes are also eligible for financing with FHA Title I and II, VA, Cal-Vet and CHFA programs. Retailers are an excellent source of information on financing programs.