The manufactured home must have been previously titled and can not be a brand new manufactured home being sold by a dealer. (chattelmortgage.net)
However, many new manufactured homes are constructed to modern standards and can be safely anchored in place, proving less risky to live in and less costly to insure, in some cases. (trustedchoice.com)
When a lender agrees to finance a brand new manufactured home, they are, as well, bound to any promises made by the dealer. (chattelmortgage.net)