mobile homeloan

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pat

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PostPosted: Fri Aug 08, 2008 10:12 am    Post subject: mobile homeloan

i need to get a loan for a mobile home, but i'm going to lease the land what our my options.
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Icon Mini Profile larry




Joined: 27 Jun 2007

Posts: 3328

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PostPosted: Mon Aug 11, 2008 2:46 am    Post subject:

Hi pat.

Welcome to the forum.

You can get a mobile home loan but your credit score should be more than 680 and the mobile home should have a permanent foundation. BTW the mobile home should be your principal residence. For getting Mobile home loan the lender expect 5 to 10 percent down payment.

Feel free to ask if you have any further questions.

Best of luck,
Larry
Icon Mini Profile brian1
brian1
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Joined: 14 Jun 2008



Posts: 361
Location: Northern California
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PostPosted: Wed Aug 13, 2008 11:20 am    Post subject:

Pat do an internet search. It is a very small number of institutions that will loan on a manuf. hiome with no property.

Good Luck
Brian

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