Manufactured (Mobile) Home Dealers Forms for Oakland

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FAQ

Thanks to the lower cost of materials, faster build timeline and greater energy efficiency than stick-built homes, manufactured homes are cost-effective and can be a great option for buyers on a budget. In fact, they are priced between 10% and 35% less per square foot than traditional homes.

Bank or Credit Union If you own the land, financing a manufactured home is fairly similar to financing a traditional home. You'll need a credit score in the mid-600s, a down payment of 10%-to-20% (as low as 3.5% with an FHA loan), and income that is roughly one-third the mortgage.

Manufactured homes in California are generally subject to two taxes: Sales tax or use tax at the time of sale or resale, and. Either the annual local property tax or the annual vehicle license fee, which is also called an in-lieu fee.

HCD manages the titling and registration for mobilehomes, manufactured homes, commercial modulars, floating homes, and truck campers.

How to Buy a Mobile Home in CaliforniaDecide on the Type. Mobile homes commonly come in three styles:Determine the Appropriate Price Range.Finding the Location.Financing your Purchase.See if a Mobile Home is Right for You And Contact Us to Get A Loan!

Any mobile or manufactured home that is not on a permanent foundation must be registered with the California Department of Housing and Community Development, much like a vehicle is registered with the Department of Motor Vehicles.