Buying A Manufactured Home
Many people are leaning toward buying a manufactured home because the cost to buy is so much cheaper than a standard home. Manufactured homes are constructed by a manufacturer and delivered to the property where it will have the finishing touches put on and be connected to utilities. There are some very important requirements for manufactured homes if you are trying to get a loan on them. 1. It must be considered "real estate": To be considered "real estate" the property must
AVOID "Points"!!!
Many people are good about shopping around for interest rates these days, but many don't know what "points" are on a home loan. You need to know what they are and how they work for the best deal! What are "Points"? A "point" is a term short for "discount points" or how much a lender is charging upfront for the interest rate you are getting. If a lender tells you the interest rate is 4% with no "points", then nothing gets added to your closing costs, and you are not paying fo
