8 Financing Traps to Avoid When Buying a Mobile Ho
Manufactured homes (formerly called “mobile homes” or “trailers”) are one of America’s most affordable housing options. They are built indoors which reduces waste and removes weather variables that add cost.
Many buyers will need a loan to purchase their factory-built home. Traditional real estate loans and preapprovals aren’t the same as manufactured home lending, so watch out for these pitfalls.