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Tuesday, October 27, 2009

Is there a difference in calculation for a mobile home vs. single family?

wasn%26#039;t sure if financing is similar to a car (mobile) vs. home financing.



Is there a difference in calculation for a mobile home vs. single family?

Most mortgage lenders will no longer lend on mobile (and some manufactured) homes. You will need to know if it is on a permanent foundation, has it been purged to the land (made one real property vs personal property on land), is it HUD or UBC construction. Hope this helps!!!

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