Finance Mobile Home Loan

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Home equity loan - A home equity loan is a type of loan in which the borrower uses the equity in his home as collateral. These loans are sometimes useful for families to help finance major home repairs, medical bills or college educations.

Package loan - A package loan is a real estate loan used to finance the purchase of both real property and personal property, such as in the purchase of a new home that includes carpeting, window coverings and major appliances.

Federal Home Loan Banks - The Federal Home Loan Banks are an essential source of stable, low-cost funds to American financial institutions for home mortgage, small business, rural and agricultural loans. With their members, the FHLBanks represent the largest source of home mortgage and community credit.

MOHO - Mobile Office / Home Office - In today's always-on, 24x7, five-nines business environment, remote working and other forms of telecommuting have proven their worth. This has led to the MOHO (Mobile Office / Home Office) phenomenon.

Suggested Web Sites

MH Loans Corporation - Provides nationwide financing of mobile and manufactured homes. Includes company profile, loan information, customer testimonials. Headquarters in Vancouver, WA.

Source: BazSites.com

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