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| Terms |
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| Typical Terms for Manufactured Home Loans | |
| New Homes | |
| 5% – 10% downpayment Terms 15-30 years, depending on credit profile, size of home, and type of loan |
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| Existing Homes | |
| 5% – 10% downpayment Terms up to 20 Years (Actual terms will vary from lender to lender) |
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| Terms and conditions on FHA an VA loans are similar to those on conventional loans. Local HUD offices have information on loan terms and conditions. | |
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| Quick Facts 2009 © COPYRIGHT by Manufactured Housing Institute. All rights reserved. | |
