Manufactured housing is all the rage these days. While most first-time homebuyers used to only consider traditional single-family homes, many are now turning towards property that, dare we say it, ...
If you’re considering downsizing your home, or just exploring alternative living situations, a mobile home might be a good option for you. But a mobile home isn’t exactly like other types of houses.
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What is a chattel mortgage?
A chattel mortgage is a loan used to buy movable property, like manufactured and mobile homes, rather than fixed real estate.
A good starting point is to know how much house you can afford. A monthly mortgage payment weighs heavily on your budget. Factors such as a down payment amount, interest rates and other existing debt, ...
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