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mobile home |
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mobile home living quarters mounted on wheels and capable of being towed by a motor vehicle How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Generally, a manufactured home must be certified to provide an energy-consumption level for heating and cooling at least 30% to 50% (50% for other homes) below that of a comparable home constructed under current energy standards. A manufactured home qualifies for the $2,000 credit if it meets the above requirements, and it conforms to Federal Manufactured Home Construction and Safety Standards. In 1998, nearly 60 percent of the borrowers for manufactured home mortgages and nearly 30 percent of those for subprime mortgages were of lower income, whereas in the prime market the ratio was only 22 percent (table 3). |
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