{"id":95,"date":"2026-10-15T11:00:00","date_gmt":"2026-10-15T11:00:00","guid":{"rendered":"https:\/\/www.richhanlin.com\/blog\/?p=95"},"modified":"2026-10-15T11:00:00","modified_gmt":"2026-10-15T11:00:00","slug":"chattel-mortgages-finance-movable-property","status":"publish","type":"post","link":"https:\/\/www.richhanlin.com\/blog\/2026\/10\/15\/chattel-mortgages-finance-movable-property\/","title":{"rendered":"Chattel Mortgages Finance Movable Property"},"content":{"rendered":"<div class=\"video-zmyer\">\n<div class=\"video-frame-zmyer\">\n        <iframe loading=\"lazy\" width=\"640\" height=\"640\" src=\"https:\/\/www.roomvu.com\/agent\/embed\/rich-hanlin\/chattel-mortgage-explained-remotion-videos-e932\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><br \/>\n        <\/iframe>\n    <\/div>\n<div class=\"video-description-zmyer\">\n<p>Let\u2019s talk about a financing option that\u2019s a bit outside the traditional box: chattel mortgages. In my 35 years in the mortgage industry, I\u2019ve seen how these loans play a unique role\u2014especially for manufactured homes. In fact, about 42% of manufactured home purchase loans use chattel financing, according to a federal bureau.<\/p>\n<p>A chattel mortgage is designed for movable personal property\u2014not real estate. Here\u2019s the key: you own the asset right away, while the lender holds collateral rights. For an agreement to be valid, you\u2019ll need clear borrower rights to the property, the lender\u2019s value in the deal, a precise asset description, and your signature on the agreement.<\/p>\n<p>Compared to traditional mortgages, chattel loans usually come with higher borrowing costs, shorter repayment periods, and fewer consumer protections. On the upside, they tend to close faster. If you\u2019re buying a home with land, a traditional mortgage is usually your best bet. But if you\u2019re financing movable property\u2014especially for business use\u2014chattel loans can offer potential tax perks for interest and depreciation.<\/p>\n<p>Knowing when to use each tool is where experience matters. For every unique situation, there\u2019s a right fit\u2014and that\u2019s how I help clients make their next move their best move.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Let\u2019s talk about a financing option that\u2019s a bit outside the traditional box: chattel mortgages. In my 35 years in the mortgage industry, I\u2019ve seen how these loans play a unique role\u2014especially for manufactured homes. In fact, about 42% of manufactured home purchase loans use chattel financing, according to a federal bureau. A chattel mortgage [&hellip;]<\/p>\n","protected":false},"author":339,"featured_media":96,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-95","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.richhanlin.com\/blog\/wp-json\/wp\/v2\/posts\/95","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.richhanlin.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.richhanlin.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.richhanlin.com\/blog\/wp-json\/wp\/v2\/users\/339"}],"replies":[{"embeddable":true,"href":"https:\/\/www.richhanlin.com\/blog\/wp-json\/wp\/v2\/comments?post=95"}],"version-history":[{"count":1,"href":"https:\/\/www.richhanlin.com\/blog\/wp-json\/wp\/v2\/posts\/95\/revisions"}],"predecessor-version":[{"id":97,"href":"https:\/\/www.richhanlin.com\/blog\/wp-json\/wp\/v2\/posts\/95\/revisions\/97"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.richhanlin.com\/blog\/wp-json\/wp\/v2\/media\/96"}],"wp:attachment":[{"href":"https:\/\/www.richhanlin.com\/blog\/wp-json\/wp\/v2\/media?parent=95"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.richhanlin.com\/blog\/wp-json\/wp\/v2\/categories?post=95"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.richhanlin.com\/blog\/wp-json\/wp\/v2\/tags?post=95"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}