Estimate your payment
Use the calculator below to estimate the monthly principal and interest payment on a chattel loan. Adjust the loan amount, rate, and term to see how each one moves your payment.
Keep in mind that your full monthly payment also includes property taxes, homeowners insurance, and — depending on the program — mortgage insurance. For an exact, all-in payment quote based on today’s wholesale pricing, call (916) 624-0767 or start an application online.
Want an exact payment based on today's wholesale pricing? Talk to a licensed loan officer.
Estimates only. Mortgage insurance and HOA dues are not included. Your actual payment depends on your final rate, program, taxes, and insurance premiums.
Questions
A chattel loan finances the manufactured home itself rather than the home and land together — the right tool when the home sits in a park, on leased land, or on family land you don’t own.
The home (not real property) secures the loan, so closings are faster with lower closing costs. Terms are typically 15-25 years, and rates run somewhat higher than land-home mortgages.
Yes — chattel loans are the standard financing for homes in parks and manufactured home communities where you rent the lot.
Generally a 5-10% down payment, fair-or-better credit, and a home built to HUD standards (post-1976). New and used homes can both qualify — we’ll walk you through it.
About Us
CDL Mortgage Services Inc. is an independent, full-service mortgage company. Instead of pushing one bank’s products, we shop multiple wholesale lenders to secure the best loan at the best rate for every borrower.
Purchase, refinance, and home equity — all under one roof, focused on the best loans at the best rates.
Based at 6524 Lonetree Blvd, Rocklin, CA 95765 and licensed in California, Texas, Georgia, Tennessee, Oklahoma & Idaho.
Every file is handled start-to-finish by a licensed loan officer who knows your name and your goals.
Fully licensed and regulated, with award-winning lender partnerships and 35+ years serving borrowers.