How to get your Manufactured or Mobile Home Financed in Canada

Buying a home in Canada can be quite expensive, for this reason, more and more Canadians are turning towards purchasing manufactured and mobile homes. Many people think that because mobile homes and manufactured homes are not a traditional home, especially if they are located in a park where you pay a pad rental, that you are unable to finance them, but that just isn’t the case. While they are traditionally cheaper than a single-detached home making it easier for some to pay in cash, they still cost a large sum of money making financing a must for most. While the rules are a bit different than purchasing a traditional home, it is still very doable and not as complicated of a process as you might think.