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avandia136 · Joined: 12 Aug 2009 Posts: 1 1.00 Dollars($)

I need a car to go to the supermarket, and doctor's office

However, I have bad credit due to owing more than my
income resulting in my having a bankruptcy in 2003.

I have a car picked out that costs $1900. and would ;ike
touse my double-wide mobile home as collateral.

It has wood floors, a walk-in tub, tankless water heater.
2 bedrooms, 1-1/2 baths, washer/dryer but I don''t own
the land.

jameshogg · Posted: Wed Aug 12, 2009 7:44 pm Post subject:

Hi avandia,

You can check out with the local lenders of your area to find out whether or not they offer loans with mobile homes as collateral. I hope you have taken steps to improve your credit score after your bankruptcy was discharged. Lender would check your credit score and income before approving you for a loan. For conventional loans, you would require a credit score of 720-740.

You can even speak to the lenders of this community and seek a no obligation free mortgage quote from them. This will let you know what type of rates and terms you would receive.

Thanks

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Is there someone who gives loans with mobile homes as collateral