Chattel Loans for Homes on Leased Land or in Parks
Financing options for mobile and manufactured homes that don’t qualify for traditional mortgages, including homes located in parks or on leased land.
See Your Personalized Chattel Loan Options
Answer a few quick questions about your home to see which chattel loan programs may fit your situation.
What Is a Chattel (Mobile Home) Loan?
A chattel loan is used when a mobile or manufactured home is classified as personal property, rather than real estate.
Unlike traditional mortgages, chattel loans are based on the home itself, not the land beneath it.
Why Buyers Choose Chattel Loans
Built for Mobile & Manufactured Homes
For homes that don’t meet traditional mortgage requirements.
Low Down Payment Options Available
Some programs may allow lower upfront costs.
No PMI
Chattel loans do not require private mortgage insurance.
Park & Leased-Land Friendly
Suitable for homes in mobile home communities.
Purchase & Refinance Options
Available depending on lender and home eligibility.
Simpler Process vs Traditional Mortgages
Different and often lighter documentation than real estate loans.
Are You Eligible?
Check if your mobile or manufactured home may qualify for a chattel loan. A quick review helps verify lender fit and home eligibility — no obligation.
Home type
Mobile or manufactured home classified as personal property
Land status
Homes in parks, on leased land, or sometimes owned land (program-dependent)
Title requirement
Clear and valid home title required
Credit profile
Minimum scores often start around 580–620 (program-dependent)
Loan purpose
Purchase or refinance options may be available
Down payment / equity
Varies based on borrower profile, home type, and lender guidelines
Not Sure If You Qualify?
Many mobile home owners are told “no” simply because the lender doesn’t offer chattel loans.
Our process helps:
How It Works
Submit basic information about your mobile or manufactured home.
We review home type, title status, and program fit.
Review available chattel loan structures.
Proceed with an option that fits your goals.
Why Borrowers Work With Loan Factory
Chattel loans require specialized lenders and experience.
Loan Factory helps borrowers compare available chattel loan options rather than pushing a single lender solution.
Frequently Asked Questions
🏠 Don’t Let Financing Uncertainty Hold You Back
Many mobile home buyers assume financing isn’t available. A quick review can help you see which chattel loan options may work for your home.
This content is for informational purposes only and does not constitute a commitment to lend. Loan programs, terms, and eligibility depend on credit approval, underwriting, home characteristics, and lender guidelines.