Compare Mortgage Quotes

Refinance Rates for Today

Please enable JavaScript for the best experience.

In the mean time, check out our refinance rates!

Company Loan Type APR Est. Pmt.

Loan using manufactured home as collateral

Posted on: 16th Oct, 2012 01:45 pm
I am trying to get a loan of about $5,000. I own a manufactured home assessed at $70,000. The problem is that it is in a park. I have been told when applying that they can't give me a credit score because I have such little credit, but not bad credit. Any advice would be appreciated. I am willing to put the home up as collateral since I am trying to sell it right now anyway. Can't I get some type of loan and do it as a voluntary lien which is paid in the escrow?

Any advice is greatly appreciated.


[size=9:0200d458e1][color=Red:0200d458e1][Email address deleted as per forum rules. Thanks.][/color:0200d458e1][/size:0200d458e1]
Hi sgtleopard,

You can contact the private lenders and check out if they can help you with a loan in your present credit situation. But you should also note here that private loans are available at a very high interest rate.

Posted on: 16th Oct, 2012 08:27 pm
Hi sgtleopard!

Welcome to forums!

Getting a loan of $5000 will be quite difficult. Lenders are not willing to offer a loan for such a small amount.

Posted on: 17th Oct, 2012 10:37 pm
Page loaded in 0.190 seconds.