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Modular Homes in Michigan

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Modular Homes in Michigan

Tag: Modular Home Buying

Lenders Offering VA Loan for Modular Home Construction in Michigan

April 24, 2015 admin Financing

Because it’s tough to find VA loan lenders out there, Legendary Homes Inc. is here to assist you. Many veterans wind up using a homebuilder or a local financial institution. That can present hurdles like

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Building a Modular Home in Michigan with a VA Loan

April 23, 2015 admin Financing

Building your dream home is a possibility with a VA loan. Modular home buyers are given the option to choose the VA Loan once they are eligible to the program. This no-down payment program allows qualified

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Difference of a VA Loan and a FHA Loan

April 22, 2015 admin Financing

In modular home financing, home buyers are presented with a number of options. Among those financing options are the VA Loan and the FHA Loan. But which is better? Which among the FHA Loan and

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Does FHA Loan Caters Modular Home Customization

April 21, 2015 admin Financing

The FHA loan is a government insured loan which allows a little more flexible modular home construction loan than the conventional loan. FHA loans do have a few more requirements than the conventional loan, such

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Limitations of FHA Loan for Modular Homes

April 20, 2015 admin Financing

The Federal Housing Administration (FHA) insures both home loans and the land loans for people buying modular homes. Modular home buyers can buy the land on which the mobile home will sit thru FHA loan. However,

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Reasons to Use FHA Loan for Modular Home Construction

April 19, 2015 admin Financing

Here are reasons you’ll want to know about FHA loan for modular home. An FHA home loan allows a low down payment Conventional lenders usually require a 20% down payment; you can pay less but

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Modular Home Financing: FHA Loan and Its Requirements

April 18, 2015 admin Financing

An FHA loan is a mortgage loan that is insured by the Federal Housing Administration (FHA). Essentially, the federal government insures loans for FHA-approved lenders in order to reduce their risk of loss if a

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Advantages and Disadvantages of FHA Loan for Modular Home

April 17, 2015 admin Financing

An FHA loan is a mortgage loan that is insured by the Federal Housing Administration (FHA). It has both pros and cons. Every home buyer should weigh the benefits and drawbacks of an FHA loan.

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Benefits of Buying a Modular Home with FHA Loan

April 16, 2015 admin Financing

FHA loans are not perfect, but they are a great fit in some situations. The main appeal is that they make it easy to buy property, but don’t forget that those benefits always come with

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Tips to Easy Purchase of Modular Home in Michigan

April 14, 2015 admin Financing, Modular Home

The following are several items to check for before buying a modular home in Michigan; Be Familiar with the HUD Code and other Rules You need to be familiar with all the legalities, planning, building

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