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[PDF File]CLIP LOANS (MOBILE HOMES)
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CLIP LOANS (MOBILE HOMES) 1) Complete clause 1.1 (a) (1) by adding the date of signature by Borrower of CLIP Loan Agreement. 2) Clause 5.11 (b): Insert the name of non-owner spouse if the mobile home is owned by only one of the spouses. (If the mobile home is owned by both spouses, both of them must be borrowers and grantors of the hypothec).
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[PDF File]Why a manufactured home?
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Mobile vs. Manufactured Mobile homes refer to those built before 1976 when the government didn't have any building regulations. Since that date, factories have built manufactured homes to a higher standard [source: Manufactured Homes Source]. Appreciate in Value Many people believe that manufactured homes will never rise in value.
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[PDF File]Scotiabank Chattel Mortgage Mobile/Modular/Mini Homes ...
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agreed to grant us a security interest/hypothec in the modular/mobile/mini home located at or upon the real property noted above as well as any other personal property noted below; NOW THEREFORE for good and valuable consideration, the receipt and sufficiency of which has been acknowledged by the party or parties hereto, you agree as follows:
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[PDF File]NEW HOME! - 21st Mortgage Corporation: Your Mobile and ...
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STARTSTART ORIGINATION AND UNDERWRITING Origination: When you submit your credit application, a mortgage loan originator (MLO) will review the loan request. If an approval can be issued, the MLO will contact you to discuss the terms of the approval and
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[PDF File]Manufactured-housing consumer finance in the United States
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6 MANUFACTURED-HOUSING CONSUMER FINANCE IN THE UNITED STATES . most basic single-section homes can sell for less than $20,000, and a larger home with custom designs or optional finishes and features may cost $100,000 or more. About three-fifths of manufactured-housing residents who own their home also own the land it is sited on.
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[PDF File]RURAL DEVELOPMENT - MANUFACTURED HOUSING FACT …
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issue a Receipt for Mobile Home Title Cancellation and a copy should be placed in the file. This process provides a proper title history for the mobile home. (4/08) Building Requirements: Single wide - Minimum 12 feet in width, with at least 400 square feet of living area.
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Banks who finance mobile homes