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No permanent foundation

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Icon Mini Profile adorenka



Joined: 01 Mar 2007

Posts: 2



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PostPosted: Thu Mar 01, 2007 12:33 pm    Post subject: No permanent foundation

do you know of a lender that will do a loan on a doublewide that is not on a permanent foundation?
 
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Dybjer

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PostPosted: Thu Mar 01, 2007 12:54 pm    Post subject:

Most lenders require that the double wide be permanently affixed to the foundation but some lenders do provide financing for double wides without a foundation also but you will need to make higher down payment.
 
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Icon Mini Profile colin
colin
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Joined: 30 Jun 2006

Posts: 602
Location: Waltham, Massachusetts


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PostPosted: Thu Mar 01, 2007 2:03 pm    Post subject:

Hi Adorenka,

Welcome to Mortgagefit forum.

If you tell me where you are located then I can provide you with details of lenders who provide services in that region.

Colin
 
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Icon Mini Profile Caron
Caron
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Joined: 19 Jul 2005

Posts: 1482
Location: florida


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PostPosted: Thu Mar 01, 2007 10:32 pm    Post subject: RE: lender for double wide home

Hi Adorenka,

Welcome to our forums.

There are several lenders in our community. They offer loans on different types of properties located in various states. If you are really interested, then send us your request for free mortgage quotes and also let us know where you reside.

As soon as you send in your request, we can pass forward the details to the lenders. And if any of their profiles match with your requirements, they shall contact you.

Feel free to come up with your loan related queries.

Good luck!

Caron.

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Icon Mini Profile adorenka



Joined: 01 Mar 2007

Posts: 2



1.82 Dollars($)

PostPosted: Fri Mar 02, 2007 11:37 am    Post subject:

Thanks colin and Caron. The property is located in Northwestern New Mexico. Close to the Farmington area. I am actually the seller. I have a buyer but we are having trouble with the loans because of no permanent foundation under the house. When I bought the manufactured home in 99, I asked questions about the permament foundation. All the lenders that I talked to just told me that it is worth more with a perm foundation. So no perm foundation was not a big deal. Man it is now. Had I known I would have put one in then. Anyway, I know this has to be a problem because there are tons of homes around here without perm foundations. Any help would be geatly appreciated.
thanks
Andrew
 
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Icon Mini Profile jameshogg
jameshogg


Joined: 20 Dec 2005

Posts: 1526
Location: nevada


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PostPosted: Mon Mar 05, 2007 12:26 am    Post subject: RE: loan offer for permanent foundation

Hi Andrew,

Welcome to forums.

Yes, I understand your problem Adorenka.

Actually, most lenders prefer to finance double-wide properties having permanent foundation. So, that is why it's becoming difficult for you to look out for such a lender. Well, have you talked to any broker? Brokers have contact with a number of lenders and loan companies and as such they must be aware of any such lender or company.

Thanks,
James.
 
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Cindy Greene

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PostPosted: Wed Sep 17, 2008 12:46 pm    Post subject: Mobile Home

I am trying to find lenders for a mobile home in western Pa.
 
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Icon Mini Profile Caron
Caron
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Joined: 19 Jul 2005

Posts: 1482
Location: florida


250.36 Dollars($)

PostPosted: Thu Sep 18, 2008 5:13 am    Post subject:

Hi Cindy,

I hope you are looking for a mortgage on a mobile home. Can you tell us something more about your financial situation or what your liabilities are? That would help me suggest some loan options worth considering. However, you can yourself check out the mobile home mortgages from the information available in our community.

You can also request for a no-obligation free loan consultation from the lenders in our community and get an idea on which mortgage can be right for you.

good luck

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