Land Owned Manufactured Home Loans

Manufactured Homes on Land

Manufactured homes located on owned land can often be financed using more familiar mortgage-style options. When the home and land are combined, financing may offer longer terms and greater stability compared to park-based homes.
At Compadre Mortgage, we help homeowners and buyers understand land-owned manufactured home financing clearly—without pressure, jargon, or confusion.

What Does “Land Owned” Mean?

A manufactured home is considered land owned when:
The homeowner owns the land beneath the home
The home is permanently placed on that land
There is no monthly space rent or park lease
These homes are commonly found in rural areas, established neighborhoods, and retirement-friendly settings throughout California.

Financing Options for Land-Owned Manufactured Homes

Depending on the home, land, and borrower profile, financing options may include:
Purchase loans for homes on owned land
Rate-and-term refinances
Refinance options designed to improve monthly comfort
Fixed-rate loan structures with longer terms
When guidelines are met, land-owned manufactured homes may qualify for financing similar to traditional residential properties.

Refinancing a Land-Owned Manufactured Home

For homeowners who already own both the home and land, refinancing may be an option to:
Lower a monthly payment
Adjust loan terms
Replace an existing loan with a more suitable structure
In refinance scenarios, land equity may be considered as part of the overall loan review. This can be helpful for long-time homeowners who have built equity over the years.
(Construction financing is handled separately and is not part of this page.)

Homes that May Qualify

Land-owned manufactured homes may be eligible for financing when they:
Are built to HUD standards
Are properly titled and located on owned land (original location)
Are in good condition
Meet basic appraisal and zoning requirements
Each property is reviewed individually. Rather than making assumptions, we take the time to evaluate what’s possible.

Frequently Asked Questions

Why This Matters for 55+ Homeowners

Many seniors choose land-owned manufactured homes because they offer:
No space rent or park fees
Predictable housing costs
Long-term housing stability
Flexibility for future planning
Our role is to explain options clearly and help homeowners make informed, comfortable decisions.

Why Work With Compadre Mortgage?

Manufactured homes on land are not “one-size-fits-all.” Our experience allows us to:
Identify the right loan path early
Avoid unnecessary delays
Communicate clearly at every step
Work at a pace that feels respectful and unrushed
We believe understanding leads to better outcomes.

How to Get Started

You can begin in whatever way feels right for you:
Apply online to explore loan options
Review available manufactured homes on land
Start with a simple conversation
We’re here to help you understand your choices—without pressure.

Senior FAQ
Can I refinance a manufactured home on land if I’ve owned it for many years?

In many cases, yes. Long-term ownership and built-up equity can be helpful factors when refinancing a land-owned manufactured home. Each situation is reviewed individually to determine the most appropriate options.