Gateway to Think Tanks
来源类型 | Brief |
规范类型 | 简报 |
Challenges to Obtaining Manufactured Home Financing | |
Laurie Goodman; Bhargavi Ganesh | |
发表日期 | 2018-06-27 |
出版年 | 2018 |
语种 | 英语 |
概述 | Manufactured housing is one of the most affordable types of housing in the US, but the high cost of manufactured home financing may be contributing to its surprisingly low production. Our close look at Home Mortgage Disclosure Act (HMDA) data reveals that the loan most manufactured homebuyers obtain – the chattel loan – costs 4.4 percentage points more per year than a standard mortgage loan. Despite this greater |
摘要 | Manufactured housing is one of the most affordable types of housing in the US, but the high cost of manufactured home financing may be contributing to its surprisingly low production. Our close look at Home Mortgage Disclosure Act (HMDA) data reveals that the loan most manufactured homebuyers obtain – the chattel loan – costs 4.4 percentage points more per year than a standard mortgage loan. Despite this greater expense, more than half the manufactured housing borrowers who might qualify for a mortgage opt for a chattel loan instead. We conclude that policymakers should explore measures that make accessing mortgages easier for buyers of manufactured homes.
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主题 | Housing and Housing Finance ; Income and Wealth ; Finance |
URL | https://www.urban.org/research/publication/challenges-obtaining-manufactured-home-financing |
来源智库 | Urban Institute (United States) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/480239 |
推荐引用方式 GB/T 7714 | Laurie Goodman,Bhargavi Ganesh. Challenges to Obtaining Manufactured Home Financing. 2018. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
challenges_to_obtain(158KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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