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105
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16
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Kevin Powell
  • Fairfield, CA
16
Votes |
105
Posts

Considering Mobile Home For First Family Home

Kevin Powell
  • Fairfield, CA
Posted

Hi BP,

I live in the Northern Cali area. And being how its much more expensive than most, Me and my family are considering a mobile home in a nice community. I understand they have their own unique financing and have what they call "lot rent." Was wondering if anyone knows the average lot rent in California? We'd like to stay under 1850 for our mortgage. Also once mortgage is paid off is lot rent to be paid still? Are there down payment assistance or first time home buyer programs for these types of homes?