Guide to Getting a Personal Loan for a Mobile Home
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Editor’s note: Lantern by SoFi seeks to provide content that is objective, independent and accurate. Writers are separate from our business operation and do not receive direct compensation from advertisers or partners. Read more about our Editorial Guidelines and How We Make Money.
The Cost of Buying a Mobile Home
One Financing Option: A Personal Loan for a Mobile Home
Pros of Using a Personal Loan for a Mobile Home
Less Expensive
Land Ownership Isn’t Required
Faster Approval Process
No Collateral Required
Cons of Using a Personal Loan for a Mobile Home
Loan Terms
Interest Rates
Does It Make Sense to Use a Personal Loan for a Mobile Home?
Getting a Personal Loan for a Mobile Home
1. Compare Lenders
2. Apply Online
3. Receive Funds
The Takeaway
Frequently Asked Questions
About the Author
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