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Chattel Mortgage on Mobile Home

Chattel Mortgage Form For Mobile Home In Collin

Category:

Loans and Lending - Chattel Mortgages

State:

Multi-State

County:

Collin

Control #:

US-0007BG

Format:

Instant download

Description

A chattel mortgage is a term used to describe a loan arrangement in which an item of movable personal property is used as security for the loan.

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FAQ

The question of financing older manufactured homes often puzzles buyers, as lenders typically have strict criteria regarding the age and condition of the property. Generally, the oldest manufactured home that can be financed is one built after June 15, 1976.

Manufactured homes built after 1976 that comply with HUD code are eligible for mortgage financing. However part of complying with that code is being attached on a permanent foundation that also complies with HUD engineering standards.

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Streamline your yearly documentation, and reduce the time you may spend on Chattel Mortgage on Mobile Home in 2024. Cascade Financial Services offers Mobile Home loans for Manufactured homes in Texas.Contact us today to get started on your Texas Mobile Home loan process! Title to the home must be in Fee Simple if classified as real estate and vehicle title is surrendered or must be treated as personal property or Chattel. A chattel mortgage, also known as personal property mortgage, is a type of loan structure used where movable personal properties are used as collateral. A chattel financing loan or a chattel mortgage is available for financing this unique property type. Edit, sign, and share Chattel Mortgage on Mobile Home online. No need to install software, just go to DocHub, and sign up instantly and for free. Welcome to my personal webpage! Learn more about me and my history in real estate.

Chattel Mortgage Form For Mobile Home In Collin

Description

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FAQ

What is the oldest mobile home that can be financed?

Can you get a mortgage on a manufactured home?

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