Mobile homes are often cheaper than houses although they can be harder to get financing or a mortgage for than regular homes.
Mobile homes are built inside a factory out of the elements and are often less in cost per square foot to build and have a lower purchase price than traditional site built homes do.
The average square foot price of a mobile homes is around $49.00 per square foot and the average cost per square foot for a traditional site built home is around $107.00 per square foot.
However mobile homes often depreciate in value than a traditional site built home.
Site built homes hold their value better and can actually increase in value unlike a mobile home.
Banks do loan money to buy a mobile home although not all banks will be willing to loan money for purchasing a mobile home and it's easier to get a mortgage on a site built home than it is on a mobile home.
Mobile homes also don't hold up as good as a site built home does and mobile homes can be harder to repair when needed than a site built home.
If you can only afford a mobile home and have land to put it on then they are a good option but I would recommend if possible you buy a site built home which holds it's value and also lasts longer and holds up better in storms.