Posted on: 17th Feb, 2011 08:26 pm
I own a 3/4 acre lot and have bad credit. I need to know where to go to use my land as a down payment for a mobile home. New or nearly new is fine, I just don't know where to go or if it is possible. Please help me. Thankyou.
Welcome lostn_tex,
You can contact the local lenders who offer land loans and apply for a loan using your land as collateral. If you satisfy the required criteria of the lender, you'll be able to get a loan.
You can contact the local lenders who offer land loans and apply for a loan using your land as collateral. If you satisfy the required criteria of the lender, you'll be able to get a loan.