What is a mobile home land package?


Quick Answer

A mobile home land package is a real estate deal in which a customer has a mobile home and the land to put it on bundled into one transaction. Most of the companies that provide this service also find land for an already owned mobile home and vice versa.

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Full Answer

The benefit of this package deal is that it enables mobile home customers to secure a traditional mortgage for the purchase, which frequently offers a lower interest rate than a loan for a mobile home. A manufactured home/land package is similar to the above except a small house is manufactured on the land, generally from a list of pre-planned designs.

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