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Good news for home buyers! SBI cuts interest rate by 5 bps on home loans up to Rs 30 lakh – Within a day of RBI reducing repo rate by 25 basis points, the country’s largest lender state bank of India Friday announced a cut in interest rates by 5 basis points on its home loans up to Rs 30.
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Mobile Home Refinancing: Property Requirements | LendingTree – The word "mobile" implies that a home is on wheels, whereas manufactured homes are permanently affixed homes built to meet the Manufactured Home Construction and Safety Standards (HUD Code). Also keep in mind that true "mobile" homes on wheels are usually acquired with different types of financing than manufactured homes – for example.
FHA and VA Manufactured Home Foundation Requirements – Manufactured Home foundation requirements lenders and agencies require that a structural engineer perform a foundation certification. When considering the purchase or refinance of a manufactured home, lenders will require that the foundation meets HUD minimum guidelines when using a VA, FHA, or USDA home loan. It is important to realize that manufactured homes are different from modular homes.
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