This book shows how to overcome one of the biggest obstacles for most moderate-income families considering the purchase of a manufactured home: obtaining favorable financing. The author explains in detail how to qualify for and obtain a loan under a little-known government-sponsored program that offers financing with no money down and the most favorable interest rates around.
| Introduction | 7 | |
| 1 | It's on a Need to Know Basis, and You Need to Know | 11 |
| 2 | The Quality of New Manufactured Homes | 13 |
| 3 | The Good News and the Bad News About Financing Manufactured Homes | 19 |
| 4 | Beating the Mortgage Loan System | 21 |
| 5 | Dealing With Dealers and Salespeople | 23 |
| 6 | How Much Money do You Need? | 27 |
| 7 | Financing Your Home, Land, and Improvements | 31 |
| 8 | Starting Off on the Right Foot | 39 |
| 9 | What Are You Waiting For? | 43 |
| 10 | Resources for Manufactured Home Buyers | 55 |
| 11 | Finding a Rural Housing Approved Lender and Dealer | 67 |
| 12 | An Inside Look at Financing Loans | 69 |
| 13 | The Money Trail: Financing Comparison | 79 |
| 14 | After the Loan Closes and it's Your Home, Then What? | 85 |
| 15 | Important Forms and Documents | 87 |
| 16 | Process Checklist | 111 |
| 17 | Do You Speak Computer? | 113 |
| 18 | Wrapping It Up | 115 |
| Appendix | Glossary | 123 |
| Index | 127 |
Overview
This book shows how to overcome one of the biggest obstacles for most moderate-income families considering the purchase of a manufactured home: obtaining favorable financing. The author explains in detail how to qualify for and obtain a loan under a little-known government-sponsored program that offers financing with no money down and the most favorable interest rates around.