where can i get a loan on a foreclosed mobile home

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neal_richard@yahoo.com

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PostPosted: Sat Apr 11, 2009 6:33 pm    Post subject: where can i get a loan on a foreclosed mobile home

i live in arkansas and found a relly good deal on 2 mobile homes and 3 acres land im a first time home buyer whats easy way to get a loan help me pleasea
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Icon Mini Profile jameshogg
jameshogg



Joined: 20 Dec 2005

Posts: 4291
Location: nevada
509.34 Dollars($)
PostPosted: Sat Apr 11, 2009 10:49 pm    Post subject:

Hi neal,

You can contact any lender and get pre-approved for the loan. In order to pre-approve you, the lender will check your credit report and your income. To know more about mortgage basics, check out the following link:
http://www.mortgagefit.com/mortgage.html

I would suggest you to speak to some of the lenders of your area and get a fair idea about the market rates and terms. You can also speak to the lenders of this community and seek a no obligation free mortgage consultation from them. This will help you know whether you'll be getting a loan or not. It will also give you an idea about the market rates.

Thanks
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