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, ...
A chattel mortgage is a loan used to buy movable property, like manufactured and mobile homes, rather than fixed real estate. They are sometimes referred to interchangeably as manufactured home loans.
A chattel loan is a loan used to buy movable property — including manufactured homes. You can get a chattel loan from a lender to purchase a manufactured home, but you’ll need to figure out how to buy ...