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I have a 1998 mobile home that i own now and I'm wanting to get a 10,000 dollar loan to remodel it how can i get started?

gmakerley · Posted: Fri Feb 11, 2011 12:53 pm Post subject:

Sandra, for the amount of money you're seeking, you won't find any mortgage lenders who'll nibble. What you'll need to do is to shop around at your local credit unions, small banks, etc. Don't be surprised to find out that nobody will entertain your request for a loan to remodel the mobile home, using it for collateral.

I suspect your best bet is to seek a personal loan for that amount. Credit unions are probably the best bet to obtain such a loan, and you'll find interest rates are pretty good there, I'm sure.

A 13-year-old mobile home isn't considered particularly good collateral for a loan - probably less worthy than your signature alone.

Guest

I am Mr Elliot Ehimen,I am sorry to just sent you an email without your
notification..I am just a business man .I offer loan to those that need loan
and willing to pay me back..If you want a loan do email me but if you know
you have any friend willing to get a loan do tell him to contact me.I mean
Copy my email don't Click Reply to okay. Via... Email:
[Item Deleted]
Full Name:............
Sex:.............
Phone:................
Country:..................
Contact Address:............
Loan Duration:.............
Monthly income............
Amount Needed as Loan:..........
Have you applied before?...........
All you need to do is copy my address and reply me with it
[Item Deleted]
Elliot Ehimen
Loan Processing Officer

[Email ID Deleted as per the forum Rules]

gmakerley · Posted: Wed Feb 16, 2011 10:09 am Post subject:

Elliot, no matter how pretty you make your words in your post, I'm sure what you offer is no less a scam than all that we've read about in the last few years.

As is evident, most of your contact information has been deleted, as is the custom on MortgageFit. Advertising of this sort is taboo here...if you are legitimate, why not sign up as a lender and become a more active participant on the site?

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