A chattel loan is a financing option used to purchase movable personal property, such as manufactured or mobile homes not permanently affixed to land. Unlike traditional mortgages, chattel loans are secured by the home itself, not the land underneath. These loans typically come with shorter terms and slightly higher interest rates, but they are easier to qualify for. Ideal for buyers ... https://www.x2mortgage.com/blog/everything-you-need-to-know-about-chattel-home-loans