Compare Mortgage Quotes

bonbonplime · Joined: 24 Sep 2009 Posts: 1 1.33 Dollars($)

My mobile home burned down last year 11/08. I want to purchase a new mobile home costing $279,000.00.
The home itself is $157,000.00 all the rest is transport, tie down, landscaping etc which is required by the park.
Insurance is paying $170,000.00 towards the home and I am putting down $20,000.00. I need a loan for the remainder $89,000.00. Our credit is bad due to late payments. Is there a company that is willing to lend the remainder amount?

adonis · Posted: Thu Sep 24, 2009 7:48 pm Post subject:

Hi bonbonplime,

You haven't mentioned what your credit is like. However, just remember that with a bad credit, it would be difficult for you to get a mortgage. If you want to qualify for a conventional loan, you would require a credit score of 740. If you're planning to go for a FHA loan, then you would require a credit score of 620. If you do not satisfy this criteria, it would not be possible for you to get a loan.

sunnyca2009 · Joined: 04 Aug 2009 Posts: 1731 35.55 Dollars($)

In the current market it is really hardtofind anyone who can give a loan for some oen with bad credit

MAy be you cna check FHA loans depndign on how bad your credit is

Company	Loan Type	APR	Est. Pmt.
				Go
				Go
				Go
				Go
				Go
				Go

Property State:
Property Type:
Credit Rating:

All times are GMT - 7 Hours

Page 1 of 1

Compare Mortgage Quotes

mobile home loan with bad credit