Is getting a mortgage on a mobile home different than a......

[Eric Armstrong]

Is it more challenging to get a mortgage for a low cost primary residence mobile home than it would be for a traditional grounded structure?  I ask because I'm looking into buying mobile homes and then offering owner financing.  Ideally, I don't want my money tied up for more than 5-10 years so I would hope that that person would be able to refi with a more traditional mortgage.  Most of the MH's I'm looking at would be under 40K.  If I bump the purchase price up to 50-60K with owner financing and get at least a 5K down payment, after years of payments to me the balance would be lower and my concern is if the bank will give mortgages that low.  

I realize there are many other factors involved with purchasing a MB and with owner financing, but I'm just looking to tackle this one right now.

Thanks for your thoughts......

Eric