Loans for Manufactured, Mobile and Modular Homes. – According to the manufactured housing institute, about 22 million people in the United States live in manufactured homes. With numbers like that, it doesn’t make sense that these homes are still so misunderstood.For example, many people think that manufactured homes, mobile homes and modular homes are one and the same, but that’s not true at all.
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Redlining – Wikipedia – The practice of redlining actively helped to create what is now known as the Black – White wealth gap seen in the United States today. Wealth is what provides/allows opportunity for the American Family. A family can survive on an income alone but wealth is what provides for economic mobility, financial security, and inheritance. This primary difference is what works to set apart people of.
Debt can be good or bad – make the right choice. – Most mortgages are good debt because the home will appreciate and generate wealth that exceeds the costs of the loan over time. Bad debt, though. The rate is based on an entity’s credit rating. San.
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· Forget what the above poster said in moving out of your parent’s place. You are in the perfect place to be in building your credit as we are the boomerang generation. Any little debt including student loan debt holds us back from renting anywhere on our own as renting rates soar astronomically, and the availability in jobs that pay well for our age is rare to cutthroat.