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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. FHA insured loan - Wikipedia

    en.wikipedia.org/wiki/FHA_insured_loan

    FHA loans require a minimum FICO score of 580 to qualify for 3.5% down or 500 for 10% down. [citation needed] Additionally, the lender checks the financial history of the person getting the loan to see whether they have been delinquent on loans owed to the U.S. government; if they are, they do not qualify for a FHA loan. [2]: 131

  4. Low-income tenants lack options as old mobile home parks are ...

    www.aol.com/news/low-income-tenants-lack-options...

    “I'm here, well, because I have nowhere to go,” said Isabel Ramos, who lives at Periwinkle with her 11-year-old daughter. Low-income tenants lack options as old mobile home parks are razed ...

  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."

  6. Clayton Homes - Wikipedia

    en.wikipedia.org/wiki/Clayton_Homes

    Clayton Home Building Group committed to donating $300,000 to support the program. [71] Clayton Homes also partners with Family Promise to donate several homes per year to families who have experienced homelessness. [72] In 2021, Clayton Homes donated $450,000 and 3 off-site built homes to be used to prevent family homelessness. [73]

  7. Reverse mortgage - Wikipedia

    en.wikipedia.org/wiki/Reverse_mortgage

    The loans are typically promoted to older homeowners and typically do not require monthly mortgage payments. Borrowers are still responsible for property taxes or homeowner's insurance . Reverse mortgages allow older people to immediately access the equity they have built up in their homes, and defer payment of the loan until they die, sell, or ...

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