How Do You Finance a Tiny Home?


If you want to buy a tiny home, can you finance the purchase? Chris Gonzalez from Tabor Mortgage is here to tell you how.

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A lot of people are downsizing and moving into tiny homes. Chris Gonzalez from Tabor Mortgage is here to answer the question, “Can you finance a tiny home?” 

The answer is yes, but it may not be the traditional mortgage that you’re thinking of.
There are only two ways to finance a tiny house.
First, you should know that there are a few different types of tiny homes out there:
  1. A trailer you can move. 
  2. A tiny home on land you can own. 
  3. A tiny home on land you rent from a development. 
That said, there are only two ways to finance a tiny home. One option is to apply for a personal loan from a local bank. The other is to get an actual RV loan from your local bank.

If you have any other questions about financing a tiny home, you can reach Chris at (843) 840-4821 or Chris@TaborMortgage.com. As always, if you have any real estate questions, don’t hesitate to reach out to us. We would be happy to help you!