Mobile Home Mortgage

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Icon Mini Profile arianna_7o7




Joined: 16 Nov 2007

Posts: 1

1.51 Dollars($)
PostPosted: Fri Nov 16, 2007 6:00 am    Post subject: Mobile Home Mortgage

I would like to learn about the salient points to keep in mind while applying for mobile home mortgage. Will some one please help?!
Icon Mini Profile banker0679

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Joined: 15 Nov 2007

Posts: 332
Location: Charlotte, North Carolina
1.41 Dollars($)
PostPosted: Fri Nov 16, 2007 6:47 am    Post subject: find

find a lender that does FHA loans. You will get competitive rates if they work with Taylor Bean & Whitaker.

Make sure that the home has a foundation!

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Icon Mini Profile larry




Joined: 27 Jun 2007

Posts: 3328

474.49 Dollars($)
PostPosted: Sat Nov 17, 2007 2:53 am    Post subject:

Hi Arianna,

Welcome in this forum.

Your credit score should be more than 620 to get an affordable interest rate on mobile mortgage loan. The mobile home should have the building standards that are instructed by HUD under the Federal National Manufactured Housing Construction. The mobile home should have a permanent foundation. For more details on important points to Qualify for Mobile Home Mortgage Loan you can check it out-
http://www.mortgagefit.com/mobile-homeloan.html

Feel free to ask if you have any more questions.

Thanks,
Larry
Icon Mini Profile mathew_jade




Joined: 17 Nov 2007

Posts: 1

1.42 Dollars($)
PostPosted: Sat Nov 17, 2007 4:55 am    Post subject: Re:Mobile Home Mortgage

Hi! I have also bought a Mobile Home recently as it is cheap but I would like to caution you to check it thoroughly before you finalize the deal. I recently found a site named
"http://www.manufacturedhomeloan.org/" which elaborates on the subject in detail and you may like to go through the article directly if you so desire at "http://manufacturedhomeloan.org/mobile-home-mortgage-brokers-finding- the-one-that-you-can-trust/manufactured-homes/" . Wish you good luck!

[Email address deactivated as per forum rules. Thanks.]
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