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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 ...
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."
Mobile homes are designed and constructed to be transportable by road in one or two sections. 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".
Mobile homes can provide the stability and comfort of a traditional home, but at a much lower price. If you want to buy a mobile home and finance the cost, it can be more difficult than taking out ...
Cardinal Industries, Inc. was a corporation headquartered in Columbus, Ohio, United States.Established in 1954, it produced manufactured housing, including thousands of apartments in the United States.
Mobile or Manufactured Home Loans: A chattel loan is often used to finance a mobile, or manufactured, home that sits on a piece of land that is being purchased. The traditional mortgage can’t be ...
"40 Years Ago: Manufactured Housing Construction and Safety Standards Act Passed". NLIHC Resource Library. National Low Income Housing Coalition. June 27, 2014. "Manufactured Home Builder Histories". Mobile Home Manufacturers. MobileHome.net. "Manufactured Housing and Standards". Manufactured Housing Programs.
Tips to buy or sell a home with owner financing. If you can’t get the financing you need from a bank or mortgage lender, an experienced real estate agent can help you find properties for sale ...