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Visit web page are popular with first-time home buyers. Title I loans can be used to purchase manufactured homes but not the land on which they sit. There are a few stipulations, such as that the property rta loans phone number be your primary residence, it has to meet FHA guidelines before being placed on a rental site and must be connected to utilities. These loans tend to have short terms typically up to 20 years and low loan limits.
Title II loans can be used to purchase both a manufactured home and the land it sits on jointly. You can't be renting your land from a mobile home park or community. A real property loan means the land is yours. Only manufactured homes built after June 15, can pa fha requirements for rta loans phone number type of financing.
These loans also rta loans phone number that the manufactured home in question counts as real property and meet FHA standards for permanent foundations on manufactured homes. I f you want to buy a manufactured home and the land it sits on, you can also get a VA loan.
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