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.
Just as there are choices when you buy a site built home, there are a variety of financing options when you buy a Manufactured Home . Down payments and loan terms are similar - 5 to 10 percent of the Manufactured Home 's sales price, and loan terms of 15 to 30 years.