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Table of Contents Expand. Table of Contents. Residential vs. Who the Loans Are Made Out to. Loan Repayment Schedules.
That difference will be minimal. A modular crsdit is manufactured in a factory location, how can i find out my credit score for free is trucked to the property and assembled in pieces onto a permanent foundation. FHA guidelines view modular homes as being similar to mobile homes. If the home is not yet on the foundation, you are going to need a construction loan to complete the project. Read more about FHA construction loans here.
If you are not sure was nasa fcu car loan rates valuable to purchase a modular home or a mobile home, you may want to consider the modular home as your choice.
Modular homes typically fimd build better, are larger, and will likely have a better resale value.
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