National Loan Products | Chattel or Standard Mortgage Loan

National Loan Products | Chattel or Standard Mortgage Loan

A few government-backed loan programs could make borrowing for the manufactured home less expensive. Assuming you meet the requirements to be eligible for these programs, you can easily borrow from mortgage brokers whom obtain a payment guarantee through the U.S. Government—if you don’t repay the mortgage, the us government will step up and pay the financial institution.

Government-backed loan programs are likely your smartest choice for borrowing, although not all mobile and manufactured domiciles will qualify. Read more of this post