Where to get money for 20 acres with manufactured home

[Nicholas Davidson]

My business partner and I operate a video production company. We've been learning about REI over the past few months but we are both still newbs to all this. As we've been learning my partner has been looking for a personal home for his family. They have a good credit rating and good income but were just refused a loan for the home they want because it's a manufactured home. It's situated on 20 beautiful acres in Michigan and there is a full basement under the home but the bank flat out said NO to a loan on the basis that it's a manufactured home.

I just got off the phone with him and he's a bit discouraged and really doesn't want to crawl around from bank to bank to find someone that will write a loan for a manufactured home. As we've learned more about REI we dislike banks more and more and thought someone here in BP might be able to point him to a different source.

Any out of the box ideas I could share with him?

Thanks in advance

P.S. I know the property is listed at $160K and he has $60K available from savings and other sources.

And no, my "friend" is not me. He is in-fact my business partner. ;-)