Ms. Wolfe moved into the Mountain View Mobile Park in 2010. She got a loan for a new $32,000 mobile home; after home and flood insurance, her monthly payment was $350, plus $240 to rent the lot. With an annual income of about $22,000, Ms. Wolfe was on a tight budget.
That's actually surprising. When I was house shopping, one of the ones on my short list was, apparently, a manufactured home. Couldn't tell from inside or outside, but it was. Only found out when the bank said they wouldn't finance it.
I guess it varies by lender, but neither of the two banks I was dealing with for my mortgage would finance mobile or manufactured homes.