1 Basic Bank Account Number (BBAN) - up to 30 alphanumeric characters that are country-specific.
The Consumer Financial Protection Bureau estimated the typical interest rate for a manufactured home loan in 2012 at 6.79 percent. By contrast, the average 30-year fixed rate on a conventional mortgage that year was 3.6 to 4.2 percent, according to HSH.com, a publisher of loan information.
Although the average sales price of a stick-built home is approximately $207,300, according to Bloomberg, the average sales price of a manufactured home sits at a little more than $61,900, according to the U.S. Census Bureau, making manufactured housing a popular choice among families living on a tight budget.