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What is the typical down payment when financing a manufactured home?

April 26, 2017down payment financing Home manufactured

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What is the typical down payment when financing a manufactured home?

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Depending on your credit, job and income history, a typical down payment for manufactured home financing ranges anywhere between 5% to 20%. Naturally, as with site-built homes, the greater the down payment, the lower the monthly mortgage payment.

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Depending on your credit, job and income history, anywhere from 5% to 20% is a typical down payment for manufactured home financing. Naturally, as with site-built homes, the greater the down payment, the lower the monthly mortgage payment.