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Can You Get a Mortgage for a Tiny Home?

Assurance Financial

However, tiny houses can come with big challenges for financing since their small size makes them ineligible for many mortgage and insurance plans. Tiny houses on wheels (THOW) operate like a trailer and allow easy transportation and setup almost anywhere with the right access points. The options for tiny house usage are endless.

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Ways to Save for a Down Payment

Assurance Financial

Homeowners insurance. Private mortgage insurance, if applicable. On top of carving out a large chunk of your paycheck for rent, you also likely have to pay for utilities, groceries, transportation, insurance and internet — not to mention the costs of treating yourself to luxuries like vacations and going out to eat.