Compare Mortgage Quotes

Refinance Rates for Today

Please enable JavaScript for the best experience.

In the mean time, check out our refinance rates!

Company Loan Type APR Est. Pmt.

Mobile home - Will it qualify for home improvement loan?

Posted on: 23rd Aug, 2012 08:28 am
I own a mobil home triple wide free and clear. It is in a mobile home park on rented land. I need a new roof and new air conditioner and want to know if I can get a home improvement loan. It was purchased for 95,000 in 2006. I am 69 years old, work full time and have a good credit rating of about 690 to 700. Are there lenders out there that I can get this type of loan from? I was told I could not get a loan on a mobile home unless I owned the land. Thanks
Hi Pegabd!

Welcome to forums!

You will have to contact the local mobile home loan lenders and they will assist you in knowing whether or not you can qualify for a home improvement loan without owning the land. If you meet the required criteria of the lender, then there are chances that you may qualify for a loan.

Feel free to ask if you've further queries.

Sussane
Posted on: 23rd Aug, 2012 08:40 pm
Posted on: 24th Aug, 2012 09:08 pm
Issues like these are best resolved when brought under consideration of agents who are familiar with situations that occur in a particular area. So assistance of a local must be the priority in getting hold in such cases.
Posted on: 30th Nov, 2012 05:11 am
Page loaded in 0.093 seconds.