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Are Mortgages Available for Mobile Homes? – Also, manufactured homes aren’t always eligible for a traditional mortgage on any terms because the prospective homeowner doesn’t own the land on which they are located. laws that don’t apply to.
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Mortgage Refinance Mobile Homes – Refinance manufactured home and mobile home loans are available, but just like other types of home loan packages you’ll need to keep an eye out, read If you are refinancing your manufactured home in order to move it from a mobile home park to your own property, there are some great land home.
FHA Loans: An Option for Manufactured Homes, Too – And despite their modest cost, it can be even harder to qualify for a mortgage for a manufactured home. Fewer banks are in the business of providing loans for manufactured. up to 85% of the cost.
BankAtlantic land loans questioned – The executive who oversaw the buildup of BankAtlantic’s land loan portfolio testified Tuesday in a shareholder class action trial that the loans appeared like good bets when they were made. Even when.
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A billion-dollar empire made from mobile homes – “They prey on people who can’t afford land, people who can’t move,” said David. It has now helped, through two banks, to provide about $1.3 billion. Those loans enabled Yes Communities to buy up.
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China Urges Crackdown on M&A Loans Used to Buy Land – China’s banking regulator has told lenders in Shanghai to increase their scrutiny of loans for mergers and acquisitions to ensure the funds aren’t used to buy land, according to. year tightening.