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Updated over 7 years ago on . Most recent reply
Texas Chattel Loans- licence for mobile homes-personal property
Would I have to be licensed to finance chattel loans that are in a mobile home park? The customer cannot get conventional financing on a new mobile home so i was asked if i wanted to finance it. I know a Texas Originator license is required for a mobile home held by deed however if we are listed as lienholder on a SOL would that fall under the same requirements? The SOL shows it as personal property.