Disadvantages of a Manufactured Home Equity Loan
A manufactured house equity loan is the amount of money that a homeowner can borrow against the existing equity in their manufactured house. These types of loans do normally have a $100,000 limit however the interest paid on the loan is deductible on the homeowner’s income taxes. There are two common types of equity loans available; a fixed rate loan or a border of credit loan. More information: Home Buyer Grants
