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Chattel Loans Explained for Mobile and Manufactured Homes

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Chattel loans are a financing option designed for movable personal property like mobile homes, modular units, and RVs. Unlike traditional mortgages, these loans are used when the property is not permanently attached to land. They typically come with shorter repayment terms, slightly higher interest rates, and quicker approval processes. If you are buying a home inside a park or leasin... https://www.x2mortgage.com/blog/everything-you-need-to-know-about-chattel-home-loans

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