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Title Tip: The 411 on Manufactured Homes 

Have you ever had a potential borrower approach you about taking a loan on their manufactured home? Here’s what you need to know about these types of properties.A manufactured home (formerly known as a mobile home) is built to the Manufactured Home Construction and Safety Standards according to HUD Code. The home must display a red certification label on the exterior of each transportable section. Manufactured homes are built in the controlled environment of a manufacturing plant and are transported in one or more sections on a permanent chassis. A manufactured home is considered personal property, just like a vehicle.