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  2. How to finance a mobile or manufactured home - AOL

    www.aol.com/finance/finance-mobile-manufactured...

    Average price range: $10,000-$50,000. Key features: Typical sizes: Single wide (between 500 to 1,200 square feet) or double wide (between 1,000 to 2,000 square feet). Best for: Someone purchasing ...

  3. How to finance a recreational vehicle: RV loans, alternatives ...

    www.aol.com/finance/how-to-finance-rv-182200533.html

    The average rate for an RV loan for borrowers with good credit was 11.45% in May 2024, versus 9.39% for those with very good credit, according to online marketplace LendingTree. Borrowers with ...

  4. How to get an RV loan: 3 steps for financing an RV - AOL

    www.aol.com/finance/qualify-rv-loan-4-key...

    Key takeaways. You can get an RV loan from banks, credit unions, online lenders and at some RV-specific dealerships. To qualify for an RV loan, you'll need to satisfy certain credit score, income ...

  5. Mobile home - Wikipedia

    en.wikipedia.org/wiki/Mobile_home

    For example, the agency requires park owners to provide residents with a $15,000 grant if residents are forced to move when the land is transferred to a new owner. Residents are also granted the right of first refusal for a sale of the park, however, if the owner does not evict tenants for five years, the land sale can go ahead.

  6. Loan-to-value ratio - Wikipedia

    en.wikipedia.org/wiki/Loan-to-value_ratio

    A similar property with a value of $100,000 with a first mortgage of $50,000 and a second mortgage of $25,000 has an aggregate mortgage balance of $75,000. The CLTV is 75%. Combined loan to value is an amount in addition to the Loan to Value, which simply represents the first position mortgage or loan as a percentage of the property's value.

  7. Home equity line of credit - Wikipedia

    en.wikipedia.org/wiki/Home_equity_line_of_credit

    HELOCs are usually offered at attractive interest rates. This is because they are secured against a borrower’s home and thus seen as low-risk financial products. However, because the collateral of a HELOC is the home, failure to repay the loan or meet loan requirements may result in foreclosure. As a result, lenders generally require that the ...

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