Posted on: 25th May, 2010 01:44 pm
I now live in subdivision and pay mortgage on a manufactured home and land that i own. i want to purchase a new manufactured home and place it on the land i have now. some of dealers do trade in and some don't. I want to know it i can get a loan that would cover the purchase of a new home plus combine what is left on exciting mortgage. or if the dealer only pay a portion of the exciting mortgage can that be combine. and if so what kind of loan can i get?
Hi lhulin,
As far as I can understand, you will be able to get a financing in order to buy a new manufactured home but I don't think you would be able to combine it with another existing mortgage. You can contact your local manufactured home loan lenders in order to get a financing for your new home.
Thanks
As far as I can understand, you will be able to get a financing in order to buy a new manufactured home but I don't think you would be able to combine it with another existing mortgage. You can contact your local manufactured home loan lenders in order to get a financing for your new home.
Thanks