Home arrow Mortgage Forums arrow Loan Talk for First Time Home Buyers arrow

land home package loans

Author Message
Icon Mini Profile csrmanagerkellie





Joined: 19 Mar 2010

Posts: 1

1.30 Dollars($)
Post Posted: Fri Mar 19, 2010 4:38 am    Post subject: land home package loans
Like 0
Dislike 0

My fiance and i want to buy a sectional(double wide) and put in on his land, he has a mortgage on his land and single wide that is on there now, with his dad as a co signer, his credit scores range from 550 to 615 and we want to get the loan ourselves on just the mobile home.(double wide) my scores are 575 600 618. What can we do, and is there a lender that will help us. thank you
Icon Mini Profile Niicss
Niicss




Joined: 03 Oct 2005

Posts: 4770
Location: New Jersey
499.28 Dollars($)
Post Posted: Mon Mar 22, 2010 2:55 am    Post subject:
Like 0
Dislike 0

You can apply for a FHA loan in order to buy the double wide. A FHA loan would require a credit score of 600-620 in order to qualify. Also, the lender will check your credit report. If you have too much of negative items on your credit report, then you may not get approved for a loan.
_________________
Good is the Enemy of Great.
Quick Reply
Your Name
Subject
Image Verification


Can't read the image? click here to refresh
Message body

All times are GMT - 7 Hours
Page 1 of 1

 
Highlights
Bookmark this page
Share |

Helpful References
Mortgage Guide
Mortgage Terms
Mortgage News
Book Center
Shop and Compare lenders
30 Yr. Fixed Vs. 5/1 ARM


Calculators     [View all]
Are you eligible for loan?
How much you can afford?
Calculate monthly payment
Calculate APR


Financial Tools
Credit Repair Tool New
Mortgage Planner
Simple Budgeting Tool


Our Community
MortgageFit Blog
Community Professionals
Community Rewards
Introduce yourself
Website tools


Community Rewards
Five simple ways to earn money with the Mortgage Community.

MortgageFit on Twitter

Followers (265)








Community Chat

We have chosen to apply the Creative Commons Attribution License to all works we publish. This work is licensed under cc by 2.0
Page loaded in 21.053 seconds.