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Chattel Loans vs Mortgages What Every Buyer Should Know

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Chattel loans and traditional mortgages serve different purposes and understanding the distinction is crucial. Chattel loans are used for personal property like manufactured homes, while mortgages are meant for real estate that includes the land. Chattel loans often have easier eligibility but come with higher interest rates and shorter terms. This comparison guide helps you decide wh... https://www.x2mortgage.com/blog/everything-you-need-to-know-about-chattel-home-loans

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