Your Trusted Mobile and Manufactured Home Loan Specialists in California

Welcome to Smart Money Mortgage, your premier mortgage company in California! We understand that finding the right loan solution can be overwhelming, but our team of experts is here to guide you every step of the way. Whether you're a first-time homebuyer or looking to refinance, we have a wide range of loan options to suit your needs.

At Smart Money Mortgage, we strive to provide exceptional service and expertise to our valued clients. While we specialize in various loan types, it's important to note that traditional government-backed loans like FHA loans, VA loans, and USDA loans are generally not available for mobile homes unless the home is permanently affixed to owned land, converting it to real property. For unattached mobile homes in parks, personal property loans are the primary option. However, we do offer other loan types, including jumbo loans, conventional loans, commercial loans, and Non-QM loans, ensuring that we have the perfect loan solution for you.

Located in the vibrant cities of Irvine, Huntington Beach, and Santa Ana, we are proud to serve the residents of these communities as well as San Diego County, Orange County, Riverside County, San Bernardino County, Los Angeles County, Imperial County, and All of California. Our team is deeply rooted in these cities and the state, and our extensive knowledge of the local real estate market allows us to offer personalized advice tailored to your specific needs. Whether you're looking for a cozy home near the scenic Huntington Beach, a suburban paradise in Irvine, or the bustling city life of Santa Ana, we have the expertise to make your dreams a reality.

At Smart Money Mortgage, we believe in going above and beyond for our clients. In addition to our wide range of loan solutions, we also offer other services to ensure a smooth and hassle-free buying experience. Our dedicated team will assist you with pre-approval, assessing your financial standing, and providing expert advice to help you make an informed decision. We understand that every individual's situation is unique, which is why we take the time to truly understand your needs and tailor our services accordingly.

When it comes to finding the perfect loan solution in California, trust Smart Money Mortgage to be your guiding light. Contact us today to schedule a consultation, and let us help you take the next steps toward homeownership. We are here for you every step of the way, because at Smart Money Mortgage, your dreams are our priority.

In terms of Purchase Loan programs, we offer the following:

FHA | VA | USDA | HomePath | Jumbo | Commercial | Conventional

Refinancing? We can help you with that, too!

We offer a wide range of refinance options designed to best meet the needs of local borrowers. If you're looking for cash out or to just get a better rate and term, we can assist you:

FHA Streamline | FHA Cash Out | FHA 203k | VA Streamline | VA Cash Out | USDA Streamline | Conventional | Commercial | Jumbo

What makes Smart Money Mortgage unique is that we also specialize in niche programs such as Mobile Home Loans.

Contact Albert Lopez today to discuss your mortgage loan options and find out which loan program will best suit your needs.

Facts and Statistics

1. Mobile home loans are financial products specifically designed for purchasing or refinancing mobile homes.
2. Mobile homes in California are often considered personal property unless permanently affixed to owned land, in which case they can qualify as real property.
3. Interest rates and terms for mobile home loans vary depending on credit history, down payment, and whether the home is on owned land.
4. Approval from mobile home parks is mandatory for financing within those communities.
5. Down payments for mobile home loans typically range from 5% to 35%, depending on credit and loan type.

Frequently Asked Questions

How do I qualify for a mobile home loan in California?

To qualify for a mobile home loan in California, lenders evaluate factors like your credit score, income stability, and the condition of the mobile home. A down payment of at least 5% is standard, though higher credit scores and stable employment history improve approval chances. For homes in parks, park approval is also required.

What types of properties qualify for mobile home loans in California?

Mobile home loans generally apply to manufactured homes not permanently affixed to owned land, meaning they are classified as personal property. Financing may also be available for homes permanently affixed to real property under specific conditions.

How long does it typically take to process and close a mobile home loan in California?

The process takes 30–45 days, depending on factors like documentation, lender efficiency, and the complexity of the loan. Park approvals can also impact this timeline.

What is the average down payment required for a mobile home loan in California?

The minimum down payment is typically 5%, with higher amounts (up to 35%) required for low-credit or unique situations.