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Title II loans cannot be used for manufactured homes on leased land in manufactured home communities or mobile home parks. Down payments on a Title II loan can go as low as 3.5 percent, and terms ...
Stockbridge also owns more than 200 manufactured home communities through Yes! Communities. They have received $1.3 billion in financing from Fannie Mae, which they used to acquire more manufactured homes. In 2016, Stockbridge sold part of Yes! to GIC Private Limited and the Pennsylvania Public School Employees' Retirement System (PSERS).
The MHINCC distinguishes among several types of factory-built housing: manufactured homes, modular homes, panelized homes, pre-cut homes, and mobile homes. From the same source, mobile home "is the term used for manufactured homes produced prior to June 15, 1976, when the HUD Code went into effect."
Example of a modern manufactured home in New Alexandria, Pennsylvania. 28 by 60 feet (8.5 m × 18.3 m) Manufactured home foundation Mobile homes built in the United States since June 1976, legally referred to as manufactured homes, are required to meet FHA certification requirements and come with attached metal certification tags.
The Foremost Insurance Group, headquartered in Grand Rapids, Michigan, is a group of companies that primarily insure specialty products such as mobile homes, motor homes, travel trailers and specialty dwellings, motorcycles, off-road vehicles, boats and personal watercraft. It was founded in 1952 and was acquired by the Farmers Exchanges in ...
A HELOC is like a home equity loan except instead of disbursing the funds in a lump sum, it acts as a revolving credit line that works like a credit card. HELOCs come with variable rates, but many ...
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