Posted on: 12th Aug, 2009 04:09 pm
I need a car to go to the supermarket, and doctor's office
However, I have bad credit due to owing more than my
income resulting in my having a bankruptcy in 2003.
I have a car picked out that costs $1900. and would ;ike
touse my double-wide mobile home as collateral.
It has wood floors, a walk-in tub, tankless water heater.
2 bedrooms, 1-1/2 baths, washer/dryer but I don''t own
the land.
However, I have bad credit due to owing more than my
income resulting in my having a bankruptcy in 2003.
I have a car picked out that costs $1900. and would ;ike
touse my double-wide mobile home as collateral.
It has wood floors, a walk-in tub, tankless water heater.
2 bedrooms, 1-1/2 baths, washer/dryer but I don''t own
the land.
Hi avandia,
You can check out with the local lenders of your area to find out whether or not they offer loans with mobile homes as collateral. I hope you have taken steps to improve your credit score after your bankruptcy was discharged. Lender would check your credit score and income before approving you for a loan. For conventional loans, you would require a credit score of 720-740.
You can even speak to the lenders of this community and seek a no obligation free mortgage quote from them. This will let you know what type of rates and terms you would receive.
Thanks
You can check out with the local lenders of your area to find out whether or not they offer loans with mobile homes as collateral. I hope you have taken steps to improve your credit score after your bankruptcy was discharged. Lender would check your credit score and income before approving you for a loan. For conventional loans, you would require a credit score of 720-740.
You can even speak to the lenders of this community and seek a no obligation free mortgage quote from them. This will let you know what type of rates and terms you would receive.
Thanks