---

interest rates on mobile homes on rented vs owned land

Author	Message
	Add to del.icio.us Add to YahooMyWeb Add to Simpy Add to BlinkList
mills Joined: 10 Jun 2009 Posts: 1 1.00 Dollars($)	Posted: Wed Jun 10, 2009 6:24 pm    Post subject: interest rates on mobile homes on rented vs owned land Like 0 Dislike 0 Is the interest rate and the payment on a mobile home lowered if the person buying the mobile home owns the land vs renting the land to put it on? I have a relative who told me that he can lower his mobile home payment if he can acquire the land his mobile home is on. I'm just checking to see if this is a possiblilty.
smithsussane Joined: 18 Sep 2008 Posts: 10030 Location: Alaska 919.49 Dollars($)	Posted: Wed Jun 10, 2009 8:25 pm    Post subject: Like 0 Dislike 0 Hi mills! Welcome to forums! I don't think interest rates will depend upon rented land or owned land. They depend upon the market situation, your credit score and income. However, there can be certain terms and conditions which may vary from lender to lender. May be it is your relative's lender who would lower his interest rate if he owns the land. Feel free to ask if you have further queries. Sussane
robertsmith2005 Joined: 22 May 2009 Posts: 338 -0.48 Dollars($)	Posted: Thu Jun 11, 2009 11:08 am    Post subject: Like 0 Dislike 0 It will depend more on your qualifications, income, credit history, assets, etc. Manufactured homes & condos almost always have higher interest rates than detached single-family residences

Quick Reply
Your Name
Subject
Image Verification	Enter the code above here : Can't read the image? click here to refresh
Message body

All times are GMT - 7 Hours

Page 1 of 1

---

We have chosen to apply the Creative Commons Attribution License to all works we publish. This work is licensed under cc by 2.0