Truth in Lending: 10.2.5.2 Manufactured Home Transactions
The rules for transactions secured by manufactured homes are the same as for those involving traditional housing, as TILA and Regulation Z specifically define “dwelling” to include a “mobile home” or a “trailer” if used as a residence.103 Such a unit is a dwelling whether or not the consumer owns the land on which it sits.104 If the consumer owns the land, both the manufactured home and the land constitute the dwelling.105