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Title II loans cannot be used for manufactured homes on leased land in manufactured home communities or mobile home parks. Down payments on a Title II loan can go as low as 3.5 percent, and terms ...
Most lenders do a type of credit check called a hard credit pull when a borrower applies for a personal loan. A hard pull shows up on your credit report and can affect your credit score. A few ...
The FHA does not make loans. Rather, it insures loans made by private lenders. [21] The first step in obtaining an FHA loan is to contact several lenders and/or mortgage brokers and ask them if they are FHA-Approved by the U.S. Department of Housing and Urban Development to originate FHA loans.
Bankrate insight. Most business credit bureaus provide a score between 0 and 100, except for the FICO Small Business Scoring Service (SBSS), which is scored between 0 and 300.
Mobile homes are often sited in land lease communities known as trailer parks (also 'trailer courts', 'mobile home parks', 'mobile home communities', 'manufactured home communities', 'factory-built home communities' etc.); these communities allow homeowners to rent space on which to place a home. In addition to providing space, the site often ...
As of May 2011, the median price of a home in Santa Clara was $498,000, [8] while the most expensive manufactured home with all the premium features was only $249,000. [9] This drastic price difference is due to the fact that manufactured homes are typically placed in communities where individuals do not own the land, but instead pay a monthly ...
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