Double wide mobile homes vs single wide mobile homes
Posted:15 November, 2008 by adminWhat you need to do to refinance depends on the type of loan you already have on your home. Most mobile or manufactured homes are purchased with a personal property loan rather than a mortgage, although in some cases these homes can prove to be bought seeing a mortgage. Modular homes are bought with a traditional mortgage.
If you are currently from the market to order a new home, perhaps you have considered manufactured housing. What is a manufactured house? It is typically a home that is produced completely from a factory (commonly known as a mobile home). When it is finished, it is moved to the site where it will become installed.
HUD regulates the home’s design and construction, strength and durability, transportability, fire resistance, energy efficiency and quality control. It also sets tough performance standards to buy heating, plumbing, air-conditioning, thermal and electrical systems. Manufactured homes are popular in the southeast and southwest, as well as in rural areas on private land in consideration of minimal land use restrictions.
November 20th, 2008 at 9:44 pm
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