There are many considerations that could affect your decision: acreage versus a smaller parcel or lot, but you most likely need a construction type loan. Mobile homes being converted to real estate need to have the axles removed, be installed on a permanent foundation, and hooked to the appropriate sewer system for the land. Most construction type loans will need equity which will be based upon a "subject to" (the improvements) value. If there is enough equity in your mobile home "as is" or if your credit qualifies you for a personal loan, you may be able to borrow enough money to buy land outright. Look out however before you buy. If there is a soft spot in the land or it doesn't pass code tests, you could be responsible for fixing the property. Also, as another option, you may be able to find a contractor who owns a parcel, who is willing to "builder finance" the transaction, and perhaps you could refinance the improved property later. And as always, get good sound legal advice and have an attorney represent your personal interests when entering into any real estate transaction or contract.