With the average double-wide costing around $120,000 to $160,000, according to HomeGuide, financing your home may be the only way to afford it. Since mobile homes fall under different classifications, ...
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Best Mobile Home Loans
Not all mortgage lenders will finance a mobile home purchase. Those who do will often require the home to be attached to a permanent foundation. There are five types of financing available for mobile ...
Dreaming of homeownership without the high costs of purchasing and maintaining a traditional, “stick-built” residence? Consider a manufactured or mobile home, which can cost less and promise easier ...
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What is a chattel mortgage?
A chattel mortgage is a loan used to buy movable property, like manufactured and mobile homes, rather than fixed real estate. They are sometimes referred to interchangeably as manufactured home loans.
We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Lars Peterson joined Investopedia in 2023 as a senior editor of financial product ...
Manufactured housing is all the rage these days. While most first-time homebuyers used to only consider traditional single-family homes, many are now turning towards property that, dare we say it, ...
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