Posted on: 10th Jan, 2012 11:24 am
can I use my land to get a loan to buy mobile home
You can use your loan as collateral for a loan. you may want to check out community or local banks, commercial lenders or hard money private lenders. Good luck
Welcome fay,
I agree with Chris. Your land can be used as a collateral in order to get a loan. However, you should have the required credit score and income apart from the land in order to qualify for a loan. This community has a large number of lenders. You can seek a no obligation free mortgage quote from them and check out what type of rates and terms you may qualify for.
I agree with Chris. Your land can be used as a collateral in order to get a loan. However, you should have the required credit score and income apart from the land in order to qualify for a loan. This community has a large number of lenders. You can seek a no obligation free mortgage quote from them and check out what type of rates and terms you may qualify for.
