For clients desiring financing for a new or used mobile home, Elgen recommends comparing rates, terms, and conditions among multiple lenders to find the program best suited to them.  Rates and loan acceptance typically depend on FICA credit score, down payment amount, employment and current income (income to debt ratio), and length of loan.  Additionally, some lenders limit the age of the home they will finance.  Much of the above information and access to a loan application can be found on the lender's website.  Some lenders include a mortgage calculation tool on their site so potential clients can determine their monthly payment for principal and interest.  Triad Financial Services website provides an amortization schedule showing the principal balance decrease with each monthly payment over the life of the loan.  That site is  Other resources include:

For new homes, clients should consider their bank or credit union for financing.  For used homes, these institutions will generally only finance on the "book" value (depreciated value) of the home...not the market value.  For general informational purposes only, Elgen lists several lenders who specialize in mobile home financing, both new and used.  Clients are not limited to these suggested lenders.  Elgen Homes has no business ties or interest with these lenders and has neither approved or disapproved them.  All do business in New York State.