Introduction
Mobile homes offer an affordable housing option in San Diego, but securing financing can be complex. Unlike traditional homes, manufactured homes are often classified as personal property, affecting the types of loans available. In this guide, we’ll explore the most common financing options for mobile and manufactured homes in San Diego, including Fannie Mae, Freddie Mac, chattel loans, and personal loans, to help you determine which option is best for your situation.
Fannie Mae: Conventional Mortgages for Manufactured Homes
Fannie Mae, a government-sponsored enterprise (GSE), purchases mortgages from private lenders for both Continue reading