is a mobile home mortgage the same as an RV loan?
I thought for a mobile home, but I heard that mortgage a mobile home is the same as a car loan. I found a mobile home to 115,000 would qualify for mortgage because it is a very large amount?
A mobile home axles and wheels and can be moved but is designed to be placed on the ground and lived in general, a bank lends money and you can get more money if they also own land in the mobile home. This makes the mass because the house sits on a parcel of land. Interest rates for mobile homes are superior to stick-built homes, but vary depending upon your credit rating and credit. An RV or a recreation vehicle is a vehicle manageable it is licensed with the Department of motor vehicles and more like a truck or bus. You can sleep in RV, but is not considered permanent housing. I hope this helps
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