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sleepdeprivedby4

We've found a Texas property near the city with 10 acres on which the land value is 2 -3 times the asking price. There is a very liveable 13 year old DW on the property. We're qualified for a FHA loan in the amount but unfortunately it appears that NO ONE will write a loan on a used DW & land. Anyone know of a lender who will do a used mobile & land or of someone who might make an exception due to the land's value?

jameshogg · Posted: Tue Sep 14, 2010 11:41 pm Post subject:

Hi sleepdeprivedby,

Your local lenders can help you with a loan on a double-wide property. Did the lenders give you any reason as to why they won't help you with a loan? This community has a large numer of lenders. You can speak to them and seek a no obligation free mortgage quote which will help you know whether or not you would be able to get a loan. You will also get to know what type of rates and terms you would receive.

Thanks

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Financing a used mobile & land purchase = impossible?

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