Posted on: 21st Jul, 2009 05:56 pm
need a loan to buy a mobile home out of state on property i own
Hi trimarko,
You can definitely buy a mobile home out of the state and sell your current home. If you have the required credit score, income and meet other qualifying criteria, you should not have a problem in getting the loan. What are your scores? Do you have any other debts? How much do you want to borrow?
You can definitely buy a mobile home out of the state and sell your current home. If you have the required credit score, income and meet other qualifying criteria, you should not have a problem in getting the loan. What are your scores? Do you have any other debts? How much do you want to borrow?
you should go for mobile home after selling your present property.
no problem if you want to mortgage your present property and buy a mobile home. only you should have a good credit score.
no problem if you want to mortgage your present property and buy a mobile home. only you should have a good credit score.
home i have now is for sale in a park,wanted to use money from sale for purchase of mobile home,possible repo,to put on land down south,anyway,what is considered a 'good' credit score?
Hi trimarko,
A credit score above 720-750 is considered as a good credit score. However, in order to get a FHA loan, you would require a credit score of 620 whereas to get a conventional loan, you would require a credit score of 700-720.
A credit score above 720-750 is considered as a good credit score. However, in order to get a FHA loan, you would require a credit score of 620 whereas to get a conventional loan, you would require a credit score of 700-720.
thanks!