Can I take out a home loan for land and a manufactured loan?

By home loan I mean a home loan and not a personal property loan like on a trailer home/manufactured home in a trailer court. I qualified for a home loan and I want to keep it cheap, so I want to purchase a piece of land and a manufactured home. Wil this work as a home loan if its on private land?

By | 2013-08-23T17:18:59+00:00 August 23rd, 2013|Mortgages Home Loans Interest Rate|1 Comment

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  1. Linda R August 23, 2013 at 6:00 PM - Reply

    A ‘home loan’ is for only a ‘stick’ built house – NOT a manufactured home.
    A lot of financial institutions will NOT loan money unless it is a ‘land package’ deal.
    You really need to talk to the financial institution who you are getting the loan through.

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