Posted on: 22nd Feb, 2010 01:21 pm
I am interested in purchasing a mobile home on a rented lot. Unfortunately I have been told that banks will not finance a mortgage pre 1972. Are there programs out there that allow you to finance a mobile that is pre 1972?
Hi JPAdames,
Mobile home loan lenders do not offer loans for those mobile homes which are build prior to 1972. Thus, you won't be able to get a mobile home loan for such an old home. I would suggest you to have a word with the lenders who offer personal property loans and check out if you can get a loan to buy the property.
Thanks
Mobile home loan lenders do not offer loans for those mobile homes which are build prior to 1972. Thus, you won't be able to get a mobile home loan for such an old home. I would suggest you to have a word with the lenders who offer personal property loans and check out if you can get a loan to buy the property.
Thanks
Do you offer financing on a 1972 Mobil Home on leased land?