Mobile home have been a real challenge to get financed especially over the last four years. FHA will still finance newer mobile homes that pass their engineering inspection. Other than that it’s expensive hard money with a 50% required down payment.
Fortunately we have sourced a few small community banks that will fund make sense mobile home mortgages and unique property loans for us. If you or the home does not qualify for FHA then this is a great alliterative. We can go up to 70% of the property value or purchase price (whichever is lower).
We also lend on mobile homes with land and other unique property types with our hard money program.