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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 ...
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 ...
Owner financing is an arrangement in which an owner or seller, rather than a bank or mortgage lender, extends financing to a buyer. This can be a viable option for buyers who don’t qualify for a ...
[15] [16] In June 1989, the first Amscot location was opened on East Broadway in Tampa [14] and a second followed shortly thereafter on Fletcher Avenue. [13] Amscot Financial Tower in Westshore, a principal business district of Tampa, Florida. In the early 2000s, the company continued to grow and diversify its products and services mix. [17]
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."
In 2011, the company paid $1.2 million to settle a lawsuit that alleged the company failed to disclose that 118 homes in the Newport subdivision, near Orlando, Florida, were built on or near the former Pinecastle Jeep bombing range. The plaintiffs alleged that their property values declined when live bombs were found on site.
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