Category Central Loan

Ways to get home financing for a manufactured house without mortgage insurance coverage

Ways to get home financing for a manufactured house without mortgage insurance coverage

In the event that you own a manufactured house, or you would like to buy one, this is what you should know with regards to home loan financing:

Manufactured domiciles are not the same thing as modular homes.

Manufactured homes are constructed, purchased at a dealer, and then relocated for their last location where they are completely connected to the planet. If you’re trying to obtain a manufactured home, numerous loan providers will reject you since it is a dangerous funding automobile.

more