Mobile Home Refinance
Refinance your current mobile or manufactured home loan to lower your rate or payment, or change your term.
Program terms at a glance
- APR as low as
- 8.167%
- Interest rate as low as
- 8.00% fixed
- Minimum down payment
- 20%
- Loan terms
- 10, 15, 20 years
- Loan amounts
- $15,000 – $250,000
- Typical minimum credit score
- 620
Representative example: Example: a $85,000 purchase price with $21,250 down (25%) is a loan amount of $63,750, repaid in 180 monthly payments of $609.23 (final payment $608.52) at a 8.00% fixed interest rate, 8.167% APR. The APR includes $637.50 in prepaid finance charges. Payment shown is principal and interest only and does not include taxes, insurance or lot rent. Rates as of October 8, 2026.
Refinance your manufactured home
If rates have dropped or your credit has improved since you bought your home, refinancing may lower your monthly payment or the total interest you pay.
Using the calculator for a refinance
Enter your home's estimated current value as the price and your equity as the down payment. The loan amount is what you would borrow to pay off your current loan.
When refinancing makes sense
- Your credit score is higher than when you first borrowed
- Your current rate is well above today's rates
- You want to shorten your term and pay the home off sooner
What to have ready
- Your most recent loan statement
- Proof of homeowner's insurance
- Your lot lease, if your home is in a community
Estimated monthly payment
Principal & interest
$627.77
- Loan amount
- $63,750
- Down payment
- $21,250
- Number of payments
- 180
- Est. total monthly cost
- $627.77
- Total interest
- $49,249
- Finance charge
- $49,887
- Total of payments
- $112,999
Example: a $85,000 purchase price with $21,250 down (25%) is a loan amount of $63,750, repaid in 180 monthly payments of $627.77 (final payment $628.36) at a 8.50% fixed interest rate, 8.669% APR. The APR includes $637.50 in prepaid finance charges. Payment shown is principal and interest only and does not include taxes, insurance or lot rent.
Prequalify with these numbersYear-by-year amortization
| Year | Interest | Principal | Balance |
|---|---|---|---|
| 1 | $5,334 | $2,199 | $61,551 |
| 2 | $5,140 | $2,393 | $59,158 |
| 3 | $4,929 | $2,605 | $56,553 |
| 4 | $4,698 | $2,835 | $53,718 |
| 5 | $4,448 | $3,086 | $50,633 |
| 6 | $4,175 | $3,358 | $47,274 |
| 7 | $3,878 | $3,655 | $43,619 |
| 8 | $3,555 | $3,978 | $39,641 |
| 9 | $3,203 | $4,330 | $35,311 |
| 10 | $2,821 | $4,713 | $30,599 |
| 11 | $2,404 | $5,129 | $25,470 |
| 12 | $1,951 | $5,582 | $19,887 |
| 13 | $1,457 | $6,076 | $13,811 |
| 14 | $920 | $6,613 | $7,198 |
| 15 | $336 | $7,198 | $0 |
Rates as of October 8, 2026. Rates, APRs and terms are subject to change without notice and are subject to credit approval, home eligibility and verification. Payments shown are estimates of principal and interest only and do not include property taxes, insurance, lot rent or other fees, so your actual payment will be higher. This is not a commitment to lend. All loans are fixed-rate.
Common questions
What is the difference between a chattel loan and a mortgage?
A chattel (home-only) loan finances the manufactured home as personal property, without the land. It is used for homes in land-lease communities or on land you don't own. A mortgage, or land-and-home loan, finances the home and the land together as real property. Mortgages usually have longer terms and lower rates; chattel loans close faster and have lower closing costs.
How much down payment do I need for a mobile home?
Down payments for home-only loans usually start around 5% for new homes and 10% or more for pre-owned homes. Land-and-home loans can start lower. If you own your land, its equity may count toward your down payment. The calculator shows the minimum down payment for each program.
Can I finance a used mobile home?
Yes. We finance pre-owned manufactured homes built on or after June 15, 1976, when the federal HUD Code took effect. The home must be in good condition with a clear title. Older homes may need a larger down payment or a shorter term.
Can I get a loan for a home in a mobile home park?
Yes. Homes in land-lease communities are financed with home-only (chattel) loans. We review the community's lease terms, and your lot rent counts toward your monthly housing cost.
How long are mobile home loan terms?
Home-only loans typically run 10 to 25 years, depending on whether the home is new or pre-owned. Land-and-home loans can run up to 30 years. A longer term lowers your monthly payment but increases the total interest you pay.
Ready to see what you qualify for?
Prequalifying takes about 3 minutes. No credit check, no Social Security number, no obligation.