Mobile home lending is significantly different from getting a loan on a regular stick built house. If the mobile home is in a park on leased land then not Only does the lender have to qualify you for the loan but also the park management. The terms of the loan can also vary significantly different depending on the age of the mobile home. Mobile homes built before 1976 h usually require a larger down payment to purchase and some lenders will not even lend on these older units. If someone is buying a mobile home on land then it is important to confirm if the home is properly attached to the foundation or not. There are other factors to consider. Mobile homes in parks generally can only go out to a 20 year loan term while a mobile home on land if it is post 1976 h may be able to out to a 30 year loan term. Also, the interest rates on mobile homes in parks generally are somewhat higher than a stick built home on land.