We provide financing for a Mobile or Manufactured Home, installed at a hybrid type location, such as a condo community, cooperative or park.

Hybrid, or quasi-land cooperative communities, cannot be financed the same way as manufactured homes on fee land. The financing is a specialty loan similar to mobile homes in a park.

Loan Programs available today are 10 to 20 years. No 30 year loans are available for this type of loan at this time. The Loan term depends on the size of the loan. The higher the loan amount, the more willing the lender is to make a longer term loan.

Interest rates are higher than conventional funding, and can be under 6.99 to 11%. Each home is unique.

Locations are important. Some areas are not available for our loans programs because the loan amounts are too small or the area is depressed. Please check with us for your special financing needs and a custom quote.

Contact Judy@sellenslending.com

Mobile Home Loan classifications depend on where the home is located

Article Date 11/10

If it is on fee simple title, you may be able to get "stick build" traditional financing.

If the Home is in a Mobile Home Park, on land you rent, you need Mobile Home Financing.

If it is installed in a hybrid location, like a cooperative or condo community, you need special quasi-land type financing.