Skip to content
Home » Can I Get a Loan on My Mobile Home Title?

Can I Get a Loan on My Mobile Home Title?

  • by
Can I Get a Loan on My Mobile Home Title?

Owning a mobile home gives you a unique opportunity to gain financial flexibility by securing a loan against its title. Mobile homes, unlike traditional homes, offer affordability and versatility for families. However, tapping into this value can present challenges. Here’s a comprehensive guide to securing a loan on your mobile home title. Yes, You can get a loan using your mobile home as collateral if it’s free of liens and lacks sufficient equity.

Understanding Mobile Home Title Loans

A mobile home title loan, or title loan, uses your mobile home title as collateral. In this type of loan, the lender holds the title until the loan is repaid. Borrowers receive a lump sum of money to use for various purposes, such as emergencies, repairs, or unexpected expenses.

Eligibility Requirements

To qualify for a loan against your mobile home title, consider these key requirements:

  1. Ownership Proof: You must own your mobile home outright or have significant equity.
  2. Title Status: Your mobile home title should be free of liens and clear from legal disputes.
  3. Age and Condition: The mobile home must be in good condition and within a specific age range, usually less than 20 years old.
  4. Location Stability: The home must be on a stable foundation, either in a park or private land.

Loan Application Process

Here’s how the application process typically unfolds:

  1. Research Lenders: Compare local lenders, banks, or credit unions specializing in mobile home loans.
  2. Prepare Documentation: Gather necessary paperwork, including title deeds, insurance, and proof of income.
  3. Home Valuation: A professional appraisal determines the current market value of your mobile home.
  4. Loan Terms: Discuss terms with your lender to find an interest rate and repayment period that suits you.

Risks and Benefits

Like any loan type, securing a loan against your mobile home title has pros and cons.


  1. Fast Access to Funds: Title loans provide quick financial relief.
  2. Flexible Usage: Funds can be used for various purposes, like home improvement or unexpected expenses.


  1. High Interest Rates: Title loans may carry higher interest rates compared to traditional loans.
  2. Possibility of Repossession: Defaulting on the loan may result in losing your mobile home.

Alternative Loan Options

If a mobile home title loan isn’t suitable, consider these alternatives:

  1. Personal Loans: Unsecured loans offer a safer option without risking your property.
  2. Refinancing: Lower your current loan’s interest rate or terms by refinancing.
  3. Credit Union Loans: Credit unions may offer competitive rates and flexible options for mobile homeowners.

Final Thoughts

Securing a loan on your mobile home title is possible, but it requires careful consideration. Understanding the eligibility criteria, application process, and risks can guide you in making an informed decision. Exploring alternative funding options can also ensure you find a financial solution that meets your needs.

If you decide a mobile home title loan is right for you, compare lenders carefully and stay diligent with your repayments to safeguard your home.