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.
Affordability and convenience make manufactured homes a popular housing option. The average sales price of a new manufactured home in 2013 was $64,000 (excluding land costs) compared to an average of $269,000 for a newly constructed single family home.