http://mobilehomenightmares.com Site Dedicated To Mobile Home Education Sun, 22 Jun 2008 19:20:57 +0000 http://backend.userland.com/rss092 en Visit Our Sponsor: BlackRefer.Com Hey! And welcome to my site. My name is Conrad and I actually have a lot of experience with mobile or manufactured homes. Over in my Pages section I have split up my OWN personal story of the things I went through with the purchase of my ... http://mobilehomenightmares.com/introduction/10/welcome/ When getting financing for mobile homes be sure to realize what you are getting into. Mobile homes are NOT considered as actual Real Estate. They are more along the lines of that new Ferrari or Mercedez Bens. Meaning they are looked upon as actual personal property or looked at like ... http://mobilehomenightmares.com/things-you-should-know/9/things-you-should-know/ If you are looking to buy a mobile home and you have a limited amount of money to put down towards your purchase, you may want to consider a FHA mobile home loan. FHA stands for Federal Housing Administration and it's responsible for Housing and Urban Development (also known as ... http://mobilehomenightmares.com/no-down-payment/7/fha-hud-loan-system/ FHA loan is a federal assistance mortgage loan in the United States insured by the Federal Housing Administration. The loan may be issued by federally qualified lenders. FHA loans have historically allowed lower income Americans to borrow money for the purchase of a home that they would not otherwise be able ... http://mobilehomenightmares.com/definitions/6/fha-loan/ An adjustable rate mortgage (ARM) is a mortgage loan where the interest rate on the note is periodically adjusted based on a variety of indexes.[1]. Among the most common indexes are the rates on 1-year constant-maturity Treasury (CMT) securities, the Cost of Funds Index (COFI), and the London Interbank Offered ... http://mobilehomenightmares.com/definitions/5/adjustable-rate-mortgage/ A balloon payment mortgage is a mortgage which does not fully amortize over the term of the note, thus leaving a balance due at maturity.[1] The final payment is called a balloon payment because of its large size. Balloon payment mortgages are more common in commercial real estate than in ... http://mobilehomenightmares.com/definitions/4/balloon-mortgage/ Chattel means Personal property. In the common law systems personal property may also be called chattels or personalty. It is distinguished from real property, or real estate. In the civil law systems personal property is often called movable property or movables - any property that can be moved from one ... http://mobilehomenightmares.com/definitions/3/chattel-loans/ Manufactured housing (also known as prefabricated housing) is a type of housing unit that is largely assembled in factories and then transported to sites of use. In the United States, the term "manufactured housing" specifically refers to a house built entirely in a protected environment under a federal code set by ... http://mobilehomenightmares.com/definitions/1/hello-world/