Skyrocketing prices of traditional single-family homes and a budding tiny-home movement have more home buyers looking at nontraditional options. Mobile and manufactured homes offer buyers a unique ...
Manufactured housing has long been considered an affordable alternative to site-built homes. But financing these factory-made homes has become a major roadblock for people who want to buy them, a new ...
Updating outdated titling laws may expand low-cost financing for one of the nation’s most affordable housing types.
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 ...
Rocket Mortgage is now offering a conventional loan option for buyers who want to purchase or refinance a manufactured home, which expands the home financing options in a rapidly shrinking industry.
The Mortgage Bankers Association (MBA), the Community Home Lenders of America (CHLA), and the Manufactured Housing Institute (MHI) submitted a joint letter advocating for more mortgage financing ...
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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.
Modular Home Loan expands PA modular home financing, offering construction-to-permanent loans, FHA/VA programs, and ...
We might earn a commission if you make a purchase through one of the links. The McClatchy Commerce Content team, which is independent from our newsroom, oversees this content. You want to buy a ...
As home values have increased over the last few years, home equity loans have become an increasingly popular tool for homeowners to access cash. According to the Federal Reserve Bank of St. Louis, the ...
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