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| Terms |

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| Typical Terms for Manufactured Home Loans |
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| 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.
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