Buy a Manufactured Home in California

Manufactured homes are not all purchased, financed, or owned the same way.

Some homes are located in communities where you own the home and lease the space beneath it. Others are sold together with the land as real property.

Both can offer real advantages.

The right choice depends on your budget, lifestyle, financing, location, and long-term goals.

At CoMoHo, we help buyers understand the differences before they begin making offers.

There is no single best choice for every buyer.

A land-lease home may provide a lower entry price and the lifestyle of a managed community.

A land-owned home may offer more traditional ownership and long-term control.

The better question is:

Which ownership structure fits your finances, lifestyle, and future plans?

We help you compare both options so you can make an informed decision.

Manufactured-home financing depends heavily on how the home is classified.

Land-lease homes are commonly financed with specialized manufactured-home or chattel loans.

Land-owned homes may qualify for:

• Conventional financing
• FHA financing
• VA financing
• Manufactured-home specialty loans
• Non-conforming loan programs

Not every lender offers every program.

Before shopping seriously, buyers should understand what they qualify for and which homes fit the available financing.

Finding a manufactured home online is easy.

Determining whether the home, community, title, foundation, financing, and purchase structure work together requires more experience.

We help buyers evaluate issues such as:

• Land-lease versus land-owned ownership
• Space rent and HOA costs
• Community approval
• Financing eligibility
• Home age and condition
• HCD title and registration
• Permanent foundation status
• Inspections and disclosures
• Offer strategy
• Escrow and closing requirements

Our role is to help you avoid surprises and move forward with a clearer understanding of what you are buying.

Our free buyer guide explains the major differences between land-lease and land-owned manufactured homes, along with financing, community approval, inspections, title, offers, and closing.

It is designed to help you understand the process before you begin touring homes.

Whether you are looking for an affordable home in a manufactured-home community or a land-owned property with more traditional real estate ownership, we can help you identify the right path.

Start with the buyer guide, then talk with a manufactured-home and loan specialist when you are ready.