FAQs
Manufactured Home FAQs.
Can I Get Financing For A Manufactured Home? | Can I Get Financing For A Manufactured Home? |
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Yes, you can finance a new manufactured home. Unlike a conventional mortgage, manufactured homes in land-lease communities use chattel mortgages which are similar to new car loans. Instead of a deed, the home has a title, because the land is owned by the owner of the community in which the home is installed.
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