Financing for manufactured and mobile homes
Chattel financing for manufactured and mobile homes in California, Texas, Georgia, Tennessee, Oklahoma, and Idaho — including homes in parks and on leased land where traditional mortgages don’t apply. CDL Mortgage makes manufactured housing affordable and attainable.
Why CDL
CDL Mortgage Services Inc. is a full-service mortgage company focused on securing the best loans at the best rates. As an independent broker, we aren’t tied to one bank’s products — we shop multiple wholesale lenders for every chattel loan to find the strongest pricing for your scenario.
Every file is handled start-to-finish by a licensed loan officer, not a call center. From fast pre-approval through underwriting and closing, you’ll always know exactly where your loan stands.
Requirements
General guidelines — final qualification depends on the lender, property, and your full financial profile.
Calculator
Estimates only. Mortgage insurance and HOA dues are not included. Your actual payment depends on your final rate, program, taxes, and insurance premiums.
How It Works
A chattel loan finances a manufactured or mobile home as personal property rather than real estate. It is the standard solution when the home sits in a leased-land community or park.
If you own the land, a traditional mortgage may be available. If the land is leased, chattel is the right product.
Year built, HUD tags, size and condition all matter. We confirm eligibility before you spend money.
Typically 5–20% down depending on credit, home age and whether the home is new or pre-owned.
The park or community typically must approve you as a resident alongside the loan approval.
Manufactured home valuation uses cost and comparable sales specific to this asset class.
Chattel closings move faster and cost less than real-property mortgages, with terms usually 15–25 years.
Your Options
Which product fits depends entirely on the land, the home and its foundation.
Honest Advice
Manufactured housing is one of the last genuinely affordable options. Understanding the trade-offs is essential.
When you do not own the lot, chattel is generally the only realistic financing available.
The total payment is often far below comparable site-built housing in the same area.
Newer manufactured homes get better terms, longer amortization and lower down payments.
Chattel rates run above real-property mortgages because there is no land securing the loan.
Your lot rent is not fixed by the loan. Factor future increases into your budget.
Manufactured homes on leased land may not appreciate like real estate. Buy for the housing, not the return.
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.
Find chattel loans details for your city or county below.
Ready when you are
Same-day pre-approvals, dozens of wholesale lenders shopped for you, and one licensed loan officer from application to keys in hand.