Why won’t lenders touch a home and mobile home on the same proper

[Jason Crowe]

Why do all lenders hard money, commercial, etc. not want to lend on a property with a mobile home and an Single family home on the same piece of land. What is the risk for all lenders on this that turns them away. I know the ARV has to be good but what else?

[Jay Hinrichs]

Quote from @Matthew Crivelli:

Most likely because a mobile home is just a tin can and banks / institutions understand there is not much value to recoup in a M/H if something was to happen and they needed to foreclose. If anything it makes the foreclosure and resale process more expensive for them. M/H's are depreciating items, like a car would be.

depends if they are on perm foundation and taxed as a home or as stated above a tin can that is still registered like a vehicle.

Real life story of mine is when i bought my 700 acre tree farm in Oregon it came with a care taker and the care taker had bought their own double wide but it was not part of the land it was still title as a vehicle.  They need to move on cant really sell the MH as out west here there are not hundreds of dinky crappy parks to move them to.. They owed 55k on it tried to sell it no luck then just moved.  

I wrote the lender and told them come get your MH or I am going to start charging you 500.00 a month for storage  ( what my attorney told me to tell them)

Bottom line I cut them a 6k check and they signed it over to me and I put in a new care taker..