Now is an excellent time to find exclusive offers on mobile home equity loans and HELOCs for manufactured home financing for qualified borrowers using a modular of manufactured home as collateral. The most competitive interest rates for manufactured homes these days come from Fannie Mae and FHA backed home loans. Very few lenders offer home equity loans to borrowers unless they are residing in a permanent foundation SFR, condo or multi-family residence.
Can You Do an Equity Loan or HELOC on a Manufactured Home?
Most traditional mortgage lenders will not offer a fast home equity loan or HELOC to a borrower that has a manufactured, modular or mobile home loan. There are several private money lenders that offer home equity lines of credit and fixed equity loans to people that have modular and manufactured homes. We have been hearing about new finance companies rolling out programs for borrowers to get a HELOC on a manufactured home. You will need a lower LTV to get a home equity line of credit for manufactured homes in most instances. BD Nationwide will help you uncover who offers a home equity loan on mobile homes and connect you with the best manufactured home equity lenders to get affordable cash out loans and HELOCs in 2024.
New Programs Announced for Attractive Mobile Home Equity Loans and Manufactured Home Loan and Refinancing Opportunities
BD Nationwide will help you locate national mortgage companies that offer a home equity loans on manufactured, mobile and modular homes. Learn more about mobile home mortgage products to borrowers with modular or manufactured homes as long as your fico scores are high enough and you have enough equity.
Typically, 80-85 combined loan to value is required for these types of home equity loans, but 90% is possible with compensating factors. Are you looking for a HELOC or equity loan on a manufactured home?
Mobile Home Equity Loan Features
• Fixed Rates for Mobile Home Equity Loans
• Refinance Your Mortgage to Get Money Back
• Interest Only – Find Affordable HELOC Loan Payments
• Cash Back for Consolidating Bills
• HELOCs for Mobile Homes
• Combine first and second mortgage loans together
• No Income Verification Equity Loans
• Past Bankruptcy OK- Low Credit OK
Several lending sources recently rolled out new manufactured and mobile home guidelines with easier credit and less requirements in 2024.
Mobile home loans are typically more difficult to qualify for but with good credit or ample equity it is possible to take out a second mortgage with for SFR, modular and manufactured homes, regardless of past credit problems.
It can be very difficult to qualify for a home equity loan if you are using a manufactured home as collateral.
Shop and Compare Mobile Home Equity Loan Rates with No Obligation
The demand for mobile home equity lines of credit and loans has surged in 2024.
The good news for people that have a manufactured or modular home is that the credit standards and rules are changing for fixed and HELOC loans and cash-back refinancing.
Find out who does home equity loans on manufactured homes.
In most cases, manufactured homeowners have an up-hill battle when applying for cash out equity loans.
Take a few minutes and learn about new offers for 2nd mortgages on mobile homes and check today’s variable rate home equity lines and fixed rate equity loans, regardless of past credit problems. Look at Bad Credit HELOCs and Loans.
There are private money sources that offer hard money equity loans for borrowers looking to secure manufactured, modular and mobile homes for quick cash out opportunities. Of course you will need more equity to qualify and you should expect to pay more in fees with higher mortgage rates when considering private money and Non QM lenders.
Interest rates for mobile home equity loans on manufactured houses can be a bit higher with prefabricated homes than with your common single-family residence. The underwriting banks consider modular/manufactured homes to be a more significant risk for default than they consider with standard SFR financing.
Mobile Home Equity Loan FAQs
Can I get a home equity loan on a mobile home in 2026?
Yes, a home equity loan on a mobile home is possible in 2026, but only through specialty lenders. Borrowers searching for a home equity loan on mobile home properties will find that most major banks decline these loans because mobile homes can depreciate. To qualify, the home must be permanently affixed to a foundation, titled as real property, and you must own the land beneath it. The home must also have been built after June 15, 1976.
What are the requirements for mobile home equity loans?
The requirements for mobile home equity loans in 2026 include three non-negotiable property conditions and standard borrower qualifications. Property conditions: permanent foundation, real property title, and borrower-owned land. Borrower conditions: minimum 20% equity (80% combined LTV), credit score of 620 or higher, debt-to-income ratio under 43%, stable income, and clean recent payment history. Some specialty programs require 25% equity or 700+ FICO. Pre-1976 mobile homes generally do not qualify for any home equity financing.
Can I get a HELOC on a mobile home, or only a fixed-rate loan?
Yes, a HELOC on mobile home properties is achievable in 2026, though options are even more limited than fixed-rate mobile home equity loans. Specialty lenders that offer a mobile home HELOC typically require the same three property conditions (permanent foundation, real property title, land ownership) plus 700+ FICO. The same property rules apply to a home equity loan on manufactured home structures. Borrowers exploring fixed-rate alternatives can review fixed-rate home equity loan programs.
Is a modular home equity loan easier to get than a mobile home equity loan?
Yes, a modular home equity loan is significantly easier to get than a mobile home equity loan because modular homes are built to local building codes and are treated as site-built real property in most jurisdictions. Conventional lenders that decline mobile homes will typically lend on modular homes at standard home equity terms — 80% to 85% combined LTV, 620 minimum FICO, and conforming rates. The key distinction: modular homes have no chassis.
What if my mobile home is on leased land or has a personal property title?
If your mobile home sits on leased land or has a personal property title rather than real property title, you cannot get a traditional home equity loan or HELOC on it. Alternative options include FHA Title I loans (up to $25,090 for structure improvements plus $25,090 for lot improvements) and chattel loans secured by the home itself. For borrowers with credit challenges, non-prime home equity loan programs for specialty property types sometimes accept unique property situations.
Who offers home equity loans on manufactured homes in 2026?
In 2026, home equity loans on manufactured homes are offered primarily by specialty lenders like EZLender (minimum $100,000 loan), Cascade Loans (single-wide, double-wide, and triple-wide programs), and select regional credit unions. Mortgage brokers with wholesale relationships across 200+ lenders typically produce better results than direct retail outreach because they access portfolio and non-QM lenders most banks cannot. For homeowners exploring refinance options for manufactured and modular homeowners, the same specialty-lender requirement applies.
Can you take out a home equity loan on a double wide mobile home?
Yes, you can take out a home equity loan on a manufactured or mobile home, including double-wide homes on permanent foundations. BD Nationwide will help you explore mobile home HELOCs and a fixed manufactured home equity loan option with borrowing limits up to $100,000, to find the best financing solution for your needs.
What Are the Closing Costs on Manufactured Home Equity Loans and Mobile HELOCs?
In most cases, there are closing costs with these types of home equity loan options. The risk factor is significantly higher and most mobile home lenders are charging between 3 and 5% of the total home equity loan amount.
Expanded Manufactured Home Equity Loans and HELOCs
We are pleased to announce that several finance companies have expanded their loan programs to include a new 2nd-mortgage option. Consider these exclusive manufactured home equity loan programs for debt consolidation, home improvements and other cash out purposes. This new lending program is available for manufactured homes located in mobile home parks and approved co-ops.
BD Nationwide can connect you with lenders offering home equity loan programs for manufactured homes that are 25 years old or newer in land lease parks and approved cooperative communities.
Modular Home Financing is available with FHA and Conventional loan programs from Fannie Mae and private money mobile lenders.
To finance a mobile home, the majority of lenders typically mandate a minimum credit score ranging from 580 to 640. While 580 is often the floor for a minimum credit score to qualify for manufactured home loans, there might be specific programs available for financing with a lower score. However, if you have a credit score below 580, you will need a more significant down payment could be required to secure the financing.
Can You Get a Cash-Out Refinance on a Manufactured or Modular Home?
Individuals who are living in a modular, manufactured or mobile home possess the option to refinance their loan associated with the mobile home. Their motivation for refinancing may include securing a more favorable interest rate or executing a cash-out refinance to extract funds from their equity.
Certain lending institutions might consider refinancing a personal property loan for a mobile home, but with less favorable mobile home rates. Accessing equity through cash-out refinancing for manufactured homes may pose challenges with traditional lenders, but BD Nationwide will do their best to connect you with cash out lenders that approved loans on modular and manufactured homes.
Reviewed by John Tappan NMLS# 394171 | Updated May 2026
