If you purchase a double wide rancher manufactured home, will most banks allow you to take home equity loans out on them?
That is completely a bank by bank decision. Many banks will not loan on manufactured homes at all. Some will only do so after the home is made a part of the real estate and is no longer a titled item.
Call lenders in your area and ask what their requirements may be.
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That is completely a bank by bank decision. Many banks will not loan on manufactured homes at all. Some will only do so after the home is made a part of the real estate and is no longer a titled item.
Call lenders in your area and ask what their requirements may be.
