Homeownership is Possible!
Funds for the 2025 Downpayment Plus grant program through the Federal Home Loan Bank Chicago are now available, and NEBAT can help you determine eligibility. Learn more.
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Manufactured home loans feature
- Personal service of a local, in-bank lender.
- The ease of a fixed monthly payment making it easier to budget; the rate is fixed for a predetermined period, guaranteeing you the same payment each month.
- A loan term that is structured to meet your ability to pay.
- Collateral varies depending upon your individual situation.
- Option of making the payment in person, through the mail, online, via telephone or automatically deducted from your checking or savings account.
The Dirt Makes the Difference
Manufactured home loans do not include the purchase or financing of land or real estate. If you are purchasing or financing land with your manufactured home, please see our Home Mortgage page for more information on how to apply.
Frequently Asked Questions
What is manufactured home lending?
Manufactured home lending consists of factory-built housing placed on leased or rented land. Typical manufactured home lending transactions involve homes in mobile home parks or communities.
How does manufactured home lending work?
A manufactured home loan is treated more like a personal loan than a mortgage loan. Since the manufactured home is located on land you do not own, there is no mortgage documentation involved. A lien will be placed on the manufactured home structure itself and the lender will evaluate your financial situation to see if you qualify.
Why choose National Exchange Bank & Trust for your manufactured home lending needs?
National Exchange Bank & Trust is one of the few financial institutions in Wisconsin to provide financing for manufactured homes which has allowed us to complete a significant amount of manufactured home transactions. High loan volume has allowed us to become experts with knowledgeable staff ready to serve your lending needs. We have also grown trusted relationships with several manufactured home dealers, parks, and communities in our lending footprint that allow us to better serve you.
