What is a Single Family Dwelling type of collateral?

Single Family dwellings are a classification of collateral that is improved real property. The building(s) or structure(s) are unit(s) designed to act as dwellings for 1 or more families not to exceed 4 families. A mobile home that is permanently attached to real estate may also fall into this category. On the other hand, a mobile home that is not attached to real property may be considered to be personal property, in which case the collateral type of Mobile Home (Personal Property/Residence) may be selected.

In any case, when taking a mobile home as collateral, you should refer to your state's titling laws to determine whether it is to be considered Real Estate, Personal Property, or a combination of bot