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how can we e a loan

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Icon Mini Profile gerardo_coronas





Joined: 18 Mar 2009

Posts: 1

1.29 Dollars($)
Post Posted: Wed Mar 18, 2009 11:49 am    Post subject: how can we e a loan
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we bought a movil home is a 2002 about a year ago and now we want to buy a land to install it there so how can we get a loan to buy the land and to move our home from where it is now to the land right now is on a trailer park?
Icon Mini Profile adonis
adonis




Joined: 22 Oct 2005



Posts: 10253
Location: ALASKA
1044.04 Dollars($)
Post Posted: Wed Mar 18, 2009 11:39 pm    Post subject:
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Hi gerardo_coronas,

You will have to contact the lenders who are offering land loans and check out the terms and conditions of getting the loan. You will require a good credit score and income in order to get approved for a loan. You can also speak to the lenders of this community and seek a no obligation free mortgage consultation from them. It will give you an idea about the market rates and terms.

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Icon Mini Profile vegas_storms





Joined: 12 Sep 2008

Posts: 67

3.54 Dollars($)
Post Posted: Thu Mar 19, 2009 1:17 am    Post subject:
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In this day and age you could be looking at 25% or more as a down payment for the land.
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