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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 ...
This was financed through Green Tree Financial Corporation and its subsidiary, Green Tree Financial Corp.-Alabama. Randolph's Manufactured Home Retail Installment Contract and Security Agreement required that Randolph buy a specific type of insurance and that disputes about this provision would have to be settled by arbitration. [1]
A no-down payment mortgage is a home loan that allows you to finance 100 percent of the home’s purchase price without having to put any money down at closing. Zero-down mortgages can be ...
Ditech offered a range of home loan and refinance options. Home loan options include fixed rate, adjustable rate and FHA loans. [16] Refinancing options included fixed rate, adjustable rate and FHA loans, as well as special financing programs such as HARP with expanded loan-to-value limits for qualified applicants. [7] [17] The company will no ...
While interest rates are typically higher than home equity loans — currently averaging 12.33% APR for a 24-month loan but ranging from 6.94% to 35.99% — the approval process is usually faster ...
The bank was involved with a series of secured and unsecured loans. A primary source of losses was the purchase of the servicing rights to manufactured home loans that were originated by Green Tree, a subsidiary of Midwest Federal's. Midwest then subcontracted with Green Tree to service these loans.
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