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How to Mortgage a Mobile Home | Pocketsense – Whether you call them mobile homes or manufactured homes, financing one is different than financing a regular home. Yet, it is still possible to finance your mobile home with a mortgage from a traditional bank lender. Here’s how you can find a bank to loan you money for your mobile home.
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The loan is based on you, not the property, so the mobile home can be in poor shape or too old to finance, and you could still be approved. And, financing is fast. In a week or less, you can have.
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How to Finance a Mobile Home | Sapling.com – While a mobile home may look like a traditional house, it may not finance like one. financing mobile homes is becoming increasingly difficult because lenders usually prefer to service traditional housing loans. You can significantly improve your chances for approval if you know the ins and outs of mobile home financing.