Posted on: 21st Apr, 2007 08:15 am
how long after a bankruptcy do i have to wait before thinking of a loan for even a mobile home?
American_mooncalf,
You can get a loan on mobile home after you get out of bankruptcy. It's not that you need to wait; credit is available but you will have to pay high interest charges and costs of taking out a loan just after the bankruptcy.
I found something some more community members discussing you situation. Please check out from the discussion on After bankruptcy looking for mobile home loan as to what they have to say.
You can get a loan on mobile home after you get out of bankruptcy. It's not that you need to wait; credit is available but you will have to pay high interest charges and costs of taking out a loan just after the bankruptcy.
I found something some more community members discussing you situation. Please check out from the discussion on After bankruptcy looking for mobile home loan as to what they have to say.
Hi Mooncalf,
Welcome to Mortgagefit discussion board.
You had asked a similar question previously also about loan for a mobile home, please go through this page to know about the response community members have given: http://www.mortgagefit.com/know-how/about7040.html
Do let me know if you have any other questions.
Thanks
Blue
Welcome to Mortgagefit discussion board.
You had asked a similar question previously also about loan for a mobile home, please go through this page to know about the response community members have given: http://www.mortgagefit.com/know-how/about7040.html
Do let me know if you have any other questions.
Thanks
Blue
":arrow: how long after a bankruptcy do i have to wait before thinking of a loan for even a mobile home?"
Many lenders will be ready to give you a loan within 2-3 years of bankruptcy but rates would be somewhat higher than normal. Bankruptcy affects credit score and if you can improve it there are chances that you will get good rate offers.
weir
Many lenders will be ready to give you a loan within 2-3 years of bankruptcy but rates would be somewhat higher than normal. Bankruptcy affects credit score and if you can improve it there are chances that you will get good rate offers.
weir