6 Things to Think About When Buying a Mobile Home

Many first-time homebuyers make the mistake of only considering site-built homes, but the reality is, manufactured homes (or mobile homes, as they’re commonly known) offer benefits many people don’t realize. Here are a few things you should consider when it comes to mobile homes. 


Often times, people associate the notion of a mobile home with it being small. On the contrary, mobile homes come in several sizes and styles, giving you plenty of options. 

Typically, mobile homes come in single wide, double wide, and multi-wide or triple wide. Square footage ranges anywhere from 500 sq. ft up to 2,000 sq. ft. or more. 

FHA Home Financing

Buyers looking to finance a mobile home have many of the same financing options as buyers of site-built homes, including FHA loans. Having said that, there are a couple of differences. 

  • FHA lenders place limits on the amount you can borrow depending on whether you’re purchasing just the home, just the lot, or the home and a lot together. 
  • The length of the loan varies as well depending on what you’re financing. Home only – 15 years. Single-wide home and lot together – 20 years. Multi-wide home with lot – 25 years. 

Your Budget

Your budget is extremely important, especially if this is your first home. The cost of a mobile home in 2019 was about 1/3 that of a site-built home, making these homes very attractive to first-time homebuyers. 


As mobile homes become more popular with a wide range of age groups, there are more and more locations available for making your house a home. Some modern mobile home parks include attractive amenities such as pools, recreation centers, gyms, manicured grounds, and more. Some of these luxury communities cater to specific age groups such as seniors. Some of these communities have the option of leasing or owning a lot, so for a small monthly fee, you can take advantage of all these great amenities. 


One of the most attractive aspects of purchasing a manufactured home is the fact that you can customize it to fit your lifestyle. Unlike site-built homes that are already built, mobile homes can be customized to be the home you’ve always dreamed of. From luxury bathrooms and open floor plans to master suites and kitchen islands, you can design nearly every aspect of your mobile home. 

Do Your Research

Many municipalities place restrictions on manufactured homes, although these restrictions are more lax these days. It’s important to check with your housing authority to find out what kind of restrictions are in place for mobile homes, so you don’t violate any of them.

If you’re considering purchasing a mobile home, the items above will give you plenty to think about. While manufactured homes are usually cheaper and more customizable than site-built homes, they aren’t for everyone, so be sure you consider every aspect of a manufactured home before making a decision.