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FHA Title I manufactured home loans also differ from traditional home loans when it comes to the length of the loan. A typical mortgage comes in a 15-year or 30-year maximum loan term, Title I loans for manufactured homes have shorter terms–20 years is the maximum for a loan on a manufactured home or on a single-section manufactured home and lot.
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Current Home Mortgage Rates Comparison Bankrate Current Home Mortgage Rates. Product. An APR (annual percentage rate) includes the mortgage interest rate plus other costs such as broker fees.
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VA Mobile Home Loans: Can I Buy a Manufactured Home with a VA Loan?. This is because default rates are higher on manufactured homes.
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