A mobile home has axles and wheels and can be moved but is designed to be set on the ground and lived in. Usually a bank will lend money and you can get more money if you also own the land underneath the mobile home. This makes it real estate because the home is on a plot of land. The interest rates for mobile homes are higher than for stick built homes but do vary depending on your credit situation and credit scores.

A rv or recreation vehicle is a drivable vehicle that is licensed with the department of motor vehicles and more like a van or bus. You can sleep in RV’s but they are not considered permanent housing.

I hope this helps

No matter what the price of a mobile home, you will never get a mortgage. A mobile home is personal property and will be sold with a bill of sale, not a deed like a home. I don’t know what area you live in but you might be able to get a nice home for $115,000. You might want to call a Realtor to see what is in your price range.

RV loans are car loans. A mobile home qualifies for a mortgage, which means lower interest rates and much longer terms of financing (30 years vs. 5 years)