The Package Deal

Buying property and a Manufactured Home at the same time, also called a "land/home" transaction, offers the buyer some big advantages:

• Conventional financing - Because Real property is involved, a better mortgage rate may be arranged.
• Equity growth - A Manufactured Home on property you own can appreciate in value as fast as a site-built home.
• Flexibility - You're free to choose the land you want and to site your home to the best advantage.

The Financing 

Because land/home buyers can access conventional home mortgages, they can often save thousands of dollars compared to chattel loans.  Conventional loans do require more documentation and a more detailed application process, but the money that you might save may be worth it to you.