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Financing Options: Chattel Loans for Manufactured Homes – Home only loans, also known as chattel loans, are personal property loans made for the purchase of a manufactured home that is not permanently affixed to real estate. These loans are the most common and most utilized for financing manufactured homes and mobile homes. They are also the least complicated and most expedient.
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How To Finance A Mobile Home Park Acquisition – mobile home parks have some uniquely attractive attributes, but one of the most appealing is the many different financing options available to buy a mobile home park. You will find more creative financing options in mobile home park investing than in all the other sectors of real estate combined.
HUD.gov / U.S. Department of Housing and Urban Development (HUD) – Home / Program Offices / Housing / Single Family / Title I / HUD Financing Manufactured (mobile) homes financing manufactured (Mobile) Homes Under the Title I program, FHA approved lenders make loans from their own funds to eligible borrowers to finance the purchase or refinance of a manufactured home and/or lot.
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FHA Loans For Manufactured Homes. Mobile Home Loan – Qualifying for a FHA Modular or Manufactured Home Loan. FHA modular and manufactured home loans are made by private lenders but are insured by the FHA in the case of default. In many cases, these loans have lower credit score requirements than conventional loan products.
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