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FHA Title I and Title II loans, Freddie Mac loans, Fannie Mae loans and personal loans are some ways you can finance the purchase of a mobile or manufactured home. With the median price of homes ...
Website. www.claytonhomes.com. Clayton Homes (or Clayton) is the largest builder of manufactured housing and modular homes in the United States. [1][2] It is a wholly owned subsidiary of Warren Buffett's Berkshire Hathaway. [3] Clayton Homes' corporate headquarters are in Maryville, Tennessee. [4]
An FHA insured loan is a US Federal Housing Administration mortgage insurance backed mortgage loan that is provided by an FHA-approved lender. FHA mortgage insurance protects lenders against losses. [1] They have historically allowed lower-income Americans to borrow money to purchase a home that they would not otherwise be able to afford.
A mobile home (also known as a house trailer, park home, trailer, or trailer home) is a prefabricated structure, built in a factory on a permanently attached chassis before being transported to site (either by being towed or on a trailer). Used as permanent homes, or for holiday or temporary accommodation, they are often left permanently or ...
Step 2: Determine your household budget. Lenders decide how much to give you based on your gross income, outstanding loans and revolving debt. However, they don’t consider other monthly bills ...
Understanding the difference between mortgage lenders and banks can help you to select the lender that best suits your situation and your prospective home purchase. Mortgage lenders specialize in ...
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