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2. How to finance a mobile or manufactured home - AOL

   www.aol.com/finance/finance-mobile-manufactured...

   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 ...

3. Mobile home - Wikipedia

   en.wikipedia.org/wiki/Mobile_home

   Mobile homes are no larger than 20 m × 6.8 m (65 ft 7 in × 22 ft 4 in) with an internal maximum height of 3.05 m (10 ft 0 in). Legally, mobile homes can still be defined as "caravans". Static holiday caravans generally have sleeping accommodation for 6 to 10 people in 2, 3 or 4 bedrooms and on convertible seating in the lounge referred to as ...

4. 'Trapped': How federally backed financing is making mobile ...

   www.aol.com/news/trapped-federally-backed...

   Fannie Mae financed $11.5 billion in manufacturing housing community loans between 2020 and 2022, and since getting into the manufactured housing business in 2000 it has financed more than 1,700 ...

5. Manufactured housing - Wikipedia

   en.wikipedia.org/wiki/Manufactured_housing

   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." [2] Despite the formal definition, mobile ...

6. Nonrecourse debt - Wikipedia

   en.wikipedia.org/wiki/Nonrecourse_debt

   Recourse debt or recourse loan is a debt that is backed by both collateral from the debtor, and by personal liability of the debtor. [2] This type of debt allows the lender to collect from the debtor and the debtor's assets in the case of default, in addition to foreclosing on a particular property or asset as with a home loan or auto loan.

7. Seller Financing: Buying a House Without the Bank - AOL

   www.aol.com/news/2012-05-30-seller-financing...

   This can make seller financing more attractive to property owners, especially those who aren't reinvesting in more real estate but are looking for income-producing investments. Banks offer ...

8. Wholesale funding - Wikipedia

   en.wikipedia.org/wiki/Wholesale_funding

   Wholesale funding is a method that banks use in addition to core demand deposits to finance operations, make loans, and manage risk. In the United States wholesale funding sources include, but are not limited to, Federal funds, public funds (such as state and local municipalities), U.S. Federal Home Loan Bank advances, the U.S. Federal Reserve's primary credit program, foreign deposits ...

9. Seller financing - Wikipedia

   en.wikipedia.org/wiki/Seller_financing

   Seller financing contracts are subject to fewer consumer protections than mortgage loans in most states. While seller financing can provide a unique way for people with low credit scores to obtain a path to home ownership, they are considered predatory by groups such as the Center for American Progress. In addition, some investment firms have ...