Personal loan on Mobile home

i have a 1998 fleetwood manufactured home that is paid for. i need some money to pay some bills off and i need to know if there is anyone that will do this. i make 50,000 a year and i am a widow and when my husband was alive we filed bankruptcy. i now have too much credit and my credit cards are all maxed. this is part of the reason i need to get a loan

welcome sue.

how much is the appraised value of the property? how much do you wish to take out as loan against the mobile home? you may get a home equity loan if you have enough equity against your mobile home. i should say that you would better go for no-obligation free consultation from the community professionals to know whether you can get a home equity loan against your mobile home or not.

hope it helps. let me know if you have any further queries.

You should be able to get a consolidation loan through a home equity loan, as long as you have the collateral. How long ago did you file the bankruptcy?

have a double and triplewide on property and they are on a perm foundation could i get a load, my credit is 580

made mistake need a loan not load oops

Hi leigh,

welcome to the forums.

I guess you can look out for FHA loans but do you have late payments or other negative items? such things do prevent one from getting FHA loans. I suggest that you check out the FHA loan limit in your county and find out whether it's sufficient to finance the property.

Take Care

i am renting to own a mobile home which i bought when my credit was still good. 6 months later i filed chapter 13 bankruptcy. i hate the park in which i live and want desperately to get a loan to pay my mobile home off so that i can move it to another location. the place i am renting-to-own from also owns the park and will not allow it to be moved until it is paid off even if all my payments are current. what can i do?

Hi tana,

As you have mentioned that you have filed for a bankruptcy, it will be difficult for you to get a loan. In order to pay off the property, you may look out for personal property loans and check if lenders are ready to give you such loans.

Thanks

I am looking to use my clear title from my mobile home to get quick loan of about 2500. my credit is crap and I need the money before the 11th of February. What are the chances someone can help me

Hi theresakranich,

If your credit is not good, then you hardly have a chance of getting a loan. You can try to get a loan from your friends or relatives and then later on pay them off.

i am going through a bad credit. what is the best way to get a loan so that can refinance the backed amount?

[Link deleted as per forum rules. Thanks.]

As you have a bad credit, it will be difficult for you to refinance the property. While refinancing the property, the lender will look after both your credit score as well as the equity in the property.

I own a mobile home and the land free and clear. It is not owner occupied. I would like to get a $25,000 cash out loan.

Hi Pam,

As the property is free and clear, I don't think you will face problem in getting a loan. However, your income and credit score will be checked by the lender in order to approve a loan. Moreover, you have mentioned that it is not owner occupied. I guess, not all lenders will be ready to offer a loan on a non-owner occupied property.

Did you speak to the lenders of your area about the loan? I would suggest you to speak to a few lenders and check out whether they are ready to offer you a loan or not. You can also speak to the lenders of this community and get a no obligation free mortgage consultation (check out Niicss' post above) from them. This will give you an idea about the rates you can get.

Thanks

i have looked everywhere to try and find a loan i have a low credit score of around 525 and i need about 5-10000 dollars i have a truck i have paid on for two years and never been late and a few charge offs on some credit cards from about 2-3 years ago that i have just paid off but are not showing on credit report yet is there any way i can get the loan i need