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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 Construction and Safety Standards Act of 1974

    en.wikipedia.org/wiki/Mobile_Home_Construction...

    "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.

  4. Manufactured housing - Wikipedia

    en.wikipedia.org/wiki/Manufactured_housing

    The tendency of these homes to rapidly depreciate in resale value made using them as collateral for loans far riskier than traditional home loans. Loan terms were usually limited to less than the 30-year term typical of the general home-loan market, and interest rates were considerably higher. In other words, these home loans resembled motor ...

  5. FHA insured loan - Wikipedia

    en.wikipedia.org/wiki/FHA_insured_loan

    FHA mortgage insurance also encourages lenders to make loans to otherwise credit-worthy borrowers and projects that might not be able to meet conventional underwriting requirements, protecting the lender against loan default on mortgages for properties that meet certain minimum requirements, including manufactured homes, single and multifamily ...

  6. '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 ...

  7. Fannie and Freddie's new home loan rules - you need ... - AOL

    www.aol.com/2009/01/20/fannie-and-freddies-new...

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  8. VA loan - Wikipedia

    en.wikipedia.org/wiki/VA_loan

    A VA loan is a mortgage loan in the United States guaranteed by the United States Department of Veterans Affairs (VA). The program is for American veterans, military members currently serving in the U.S. military, reservists and select surviving spouses (provided they do not remarry) and can be used to purchase single-family homes, condominiums, multi-unit properties, manufactured homes and ...

  9. Mortgage law - Wikipedia

    en.wikipedia.org/wiki/Mortgage_law

    A mortgage lender is an investor that lends money secured by a mortgage on real estate. In today's world, most lenders sell the loans they write on the secondary mortgage market. When they sell the mortgage, they earn revenue called Service Release Premium. Typically, the purpose of the loan is for the borrower to purchase that same real estate.

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