Financing

Traditional mortgages do not apply to homes under a certain square footage. However, the popularity of tiny homes has created support for alternative options such as personal loans, RV loans, chattel loans for homes placed on leased land, or construction loans for permanent foundations. Some credit unions and specialized lenders offer tiny home financing programs, and certain cities provide grants or incentives for affordable housing solutions. 

Our Recommendations: 

• ADU Loans offers financing tailored for accessory dwelling units and tiny homes 
• Liberty Bank of Utah provides loans specifically designed for factory-built housing, including tiny homes. 

Purchasing 

LG Tiny simply requires a 20% down payment on the final purchase price. 

Besides the purchase cost, buying a tiny home in California comes with additional expenses, including: 

1. Land Costs – You’ll need to purchase or lease land, which varies greatly by location. 
2. Permits & Zoning Fees – Since your tiny home is on wheels (THOW), you may need building permits, utility permits, or zoning approvals. 
3. Utility Hookups – Connecting to water, sewer, and electricity can range from a few hundred to several thousand dollars. 
4. Delivery & Setup Fees – When purchasing pre-assembled tiny home, transportation and installation costs apply. 
5. Insurance – THOWs require RV insurance.