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Is it possible to get a manafacutred home loan on a house that has been moved once?

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Icon Mini Profile bgonzales





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Post Posted: Wed Mar 10, 2010 3:09 pm    Post subject: Is it possible to get a manafacutred home loan on a house th
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We need a loan on a manafactured home that has been moved once. Is this possible? what is the lowest amount we could put down?
Icon Mini Profile smckaybiz
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Post Posted: Wed Mar 10, 2010 3:38 pm    Post subject:
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I think the most important factor is where the home was moved to if it is on a solid foundation. Some banks may be willing to write a loan on a manufactured home but I'm sure they will want to make sure that it is on a solid foundation and some may even require you to own the property that it sits on. I could only imagine you would have to come up with atleast 10-20% down depending on the amount you are looking to get.
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