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 ...
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 ...
Mobile homes are prebuilt homes that can be transported to the property site. Also known as manufactured homes, these types of homes are less expensive than traditional properties, although prices ...
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 ...
Interest rates are increasing, but good financing is still available for manufactured homes. 1. When buying a manufactured home, start with as much down payment as you can afford. Not only will you ...
Manufactured housing is all the rage these days. While most first-time homebuyers used to only consider traditional single-family homes, many are now turning towards property that, dare we say it, ...
A chattel mortgage is a type of loan used for financing movable personal property. With the tiny house boom and increasing interest in small, mobile housing comes a unique funding opportunity of a ...
STARKSBORO, VERMONT- DECEMBER 28, 2021: John and Anne Martell's home. The couple lives in a modular home with solar pannels on the roof and is completely energy efficient. (Photo by Hilary Swift/For ...
Construction on both home types begins in factories, but they’re built to different codes. Some or all of the mortgage lenders featured on our site are advertising partners of NerdWallet, but this ...
Mobile homes, also known as manufactured homes, can be a cost-effective alternative to buying a traditional home. Due to their lower cost and depreciation, most traditional mortgage lenders don't ...
As home values have increased over the last few years, home equity loans have become an increasingly popular tool for homeowners to access cash. According to the Federal Reserve Bank of St. Louis, the ...
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