| Manufactured Home |
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As defined by the National Flood Insurance Program: "a structure, transportable in one or more sections, which is built on a permanent chassis and is designed for use with or without a permanent foundation when attached to the required utilities".
Bankapedia's Take When financing a manufactured home, the first question a lender will typically ask is whether or not you have a permanant foundation. Manufactured homes with perm foundations will be much easier to get financed.
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