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How Mobile Home Can Be Financed
New York veterans gain direct loan and loan guarantee options under an 1870 act to buy mobiles. VA guarantees up to 10000 with lot up to 17500, plus remaining entitlement for a conventional home. FHA insured loans up to 10000 with terms up to 12 years 32 days and rates 7.97 to 10.67 percent. Non veterans should compare bank or FHA and Farmers Home subsidies, shop for best terms, and beware dealer financing.
MENTIONED IN THIS ARTICLE
New York
Veterans Administration
FHA
American National Standards Institute
Washington
Agssn
Northwest Highway
Chicago
Savings and Loan Association
Farmers Home Administration
U. S. Department of Agriculture