Depending on where you live it may be a challenge for you to find a local lender who offers home equity loans for manufactured homes. This is because most lenders want their investment to be secured with real property and manufactured homes, in some cases, are not considered real property in the eyes of many lenders.
However, there are lenders out there that do make manufactured housing home equity loans and some actually specialize in it. And thanks to the internet you now have access to these lenders and are no longer at the mercy of your local financial institutions and their strict guidelines regarding real property.
We recommend shopping around to find the best rates for your home equity loan. Not only will you get a competitive quote from a lender who services your area but you have the convenience of being able to compare loan quotes without the hassle of completing multiple applications.