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US Legal Forms
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Chattel Mortgage on Mobile Home

Chattel Mortgage Form With Decimals In San Antonio

Category:

Loans and Lending - Chattel Mortgages

State:

Multi-State

City:

San Antonio

Control #:

US-0007BG

Format:

Word;

Rich Text

Instant download

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Description

A chattel mortgage is a term used to describe a loan arrangement in which an item of movable personal property is used as security for the loan.

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Form popularity

FAQ

Are chattel mortgages good?

The Bottom Line Chattel mortgages are a little-known but potentially good option if you're looking to finance a manufactured home or heavy equipment. These loans are smaller than conventional loans and tend to have higher rates, but they have shorter terms and quicker payoffs.