What makes financing factory-built homes different from financing traditional site-built houses? MARIANNA, FL, UNITED ...
Skyrocketing prices of traditional single-family homes and a budding tiny-home movement have more home buyers looking at nontraditional options. Mobile and manufactured homes offer buyers a unique ...
Manufactured housing has long been considered an affordable alternative to site-built homes. But financing these factory-made homes has become a major roadblock for people who want to buy them, a new ...
Mobile or manufactured homes are taking the U.S. by storm. According to statistics from the manufactured housing industry, roughly 22 million people in the United States live in a manufactured or ...
Dreaming of homeownership without the high costs of purchasing and maintaining a traditional, “stick-built” residence? Consider a manufactured or mobile home, which can cost less and promise easier ...
Rocket Mortgage is now offering a conventional loan option for buyers who want to purchase or refinance a manufactured home, which expands the home financing options in a rapidly shrinking industry.
The Mortgage Bankers Association (MBA), the Community Home Lenders of America (CHLA), and the Manufactured Housing Institute (MHI) submitted a joint letter advocating for more mortgage financing ...
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What is a chattel mortgage?
A chattel mortgage is a loan used to buy movable property, like manufactured and mobile homes, rather than fixed real estate. They are sometimes referred to interchangeably as manufactured home loans.
We might earn a commission if you make a purchase through one of the links. The McClatchy Commerce Content team, which is independent from our newsroom, oversees this content. You want to buy a ...
In one of the nation’s most expensive housing markets, a nonprofit says subsidized loans are still available to help low-income residents in San Mateo County mobile home parks. The Housing Endowment ...
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