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doublewide with house addition

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Icon Mini Profile tamsta37





Joined: 22 Oct 2009

Posts: 1

1.28 Dollars($)
Post Posted: Thu Oct 22, 2009 2:58 pm    Post subject: doublewide with house addition
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is anyone financing on DW moble with no axil all brick under pinning 1 & 1/2 story add-on, inground pool with 1.5 acers. if so what credit score do we need. & what percent down also loan would be for under $40,000.
Icon Mini Profile chrisburns
chrisburns
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Joined: 13 Nov 2007

Posts: 382
Location: Florida
65.98 Dollars($)
Post Posted: Thu Oct 22, 2009 3:29 pm    Post subject:
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There are several places that will do an FHA refinance on the that type of loan. It's small which means you'll have a slightly higher interest rate.

What year was the mobile home built?
Is this your primary residence?
What is your credit like?
What is your work history like?

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Chris Burns
Five Stars Mortgage, LLC
Office: 800-871-2636 ext. 200
Cell: 407-456-3697
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Icon Mini Profile sonjakracine





Joined: 24 Oct 2007

Posts: 77

15.05 Dollars($)
Post Posted: Fri Oct 23, 2009 8:28 am    Post subject:
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If you go FHA, tell your lender that you have put on an addition you will need an engineers certificate to show that the structure is sound after the addition and meets HUD guidelines. If it does not meet guidelines, FHA won't touch you.
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