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  • Mobile Home Equity Second Mortgages: Will You Get a Second Mortgage on Your Manufactured Home?
    Maybe you didn't know, but mobile homes might lose value every year. While this is often true, it is key to understand that some manufactured homes actually go up in appraised value. The idea is to place your mobile home on a permanent foundation. Mobile, Manufactured and Modular homes on permanent foundations are homes that go up in value over time unlike others that aren't on permanent locations. If you own a mobile home placed on such a foundation, you will gain equity every time you make a payment on your mortgage. You might be surprised just how much equity you've gained after only a few years of paying your mortgage.


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