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.
For manufactured homes that will not be put on a permanent foundation, borrowers can get a loan for up to 95 percent of the homeâs purchase price. VA will guarantee 40 percent of the manufactured home loan amount or the veteranâs available entitlement, up to a maximum amount of $20,000.