We own (free and clear) a 1986
We own (free and clear) a 1986
We own (free and clear) a 1986 triple-wide manufactured home on a permanent foundation in a private country club where we pay space rent. Due to several very serious illnesses in our family, we have depleted our savings and retirement funds to pay for medical bills. Our credit is fair at best. I am starting a custom knitting business and already have several clients. I would like to find a loan that will help me pay off about $40,000.00 in high interest credit cards and enough funds to help be get my business started. Hard money lenders and higher interest rates are factors that I would seriously consider. Can you help?
trvlbuff
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Hi Guest!
Welcome to forums!
You will have to contact the local lenders and apply for a loan. If you meet the required terms and conditions of the lender, then you will be able to qualify for a normal conventional loan. It is better to avoid hard money lenders who charge higher rates as it might get difficult for you to pay off the loan later on.
Feel free to ask if you've further queries.
Sussane