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    Advantages of a Manufactured Home Home Equity Loan

    Article by Andrew Bicknell Often referred to as a second mortgage a manufactured home home equity loan gives the homeowner the option of borrowing money against the equity they have built up into their home. These types of loans allow the homeowner to borrow up to 0,000 and deduct the interest paid on their yearly tax returns. When considering a second mortgage there are two types to choose from; a fixed rate loan or a line of credit. Both of these loans will have terms that…