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would like to get a loan

Posted on: 01st Oct, 2009 02:24 pm
I would like to buy a used mobile(single wide) home in very good condition that sits on 2.5 acres with a two car garage in the woods. Very nice location & secluded. This will be my first time to buy a home. I know that its very hard to get a bank or a finance company to loan the money due to its a single wide. I would really like to know what my options are.
have you checled with some lenders on this forum

they may be able to help you
Posted on: 01st Oct, 2009 06:03 pm
Hi susiedenton!

Welcome to forums!

You need to give some more details. Getting a loan will depend upon your debt to income ratio (DTI), your credit score as well as your income. If you are unable to meet the required criteria, you will not qualify for a loan. You should speak to some of the lenders of your area and get to know the present rates and terms prevailing in the market. If you feel you can afford it, then you should go ahead with the loan.

Alternatively, you can seek a no obligation free mortgage consultation from the lenders of this community. This will let you know whether or not you would qualify for a loan.

Feel free to ask if you've further queries.

Sussane
Posted on: 01st Oct, 2009 08:06 pm
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