Posted on: 06th Jan, 2009 05:15 pm
Do you give loans for land with moblie homes on it that are not on a concrete foundation?...Can the mobile home NOT be on a concrete foundation and we can still get a loan for it and the land??
Hi kaliparker!
Welcome to forums!
As far as I know, you may be getting a land loan but you cannot get mortgage on a mobile home which does not have a concrete foundation. As the property does not have a concrete foundation, you can try out the option of personal property loans. However, as far as I know, these loans will have high interest rates. You can check out the following link to know more about mobile home loans:
http://www.mortgagefit.com/mobile-homeloan.html
Feel free to ask if you have further queries.
Sussane
Welcome to forums!
As far as I know, you may be getting a land loan but you cannot get mortgage on a mobile home which does not have a concrete foundation. As the property does not have a concrete foundation, you can try out the option of personal property loans. However, as far as I know, these loans will have high interest rates. You can check out the following link to know more about mobile home loans:
http://www.mortgagefit.com/mobile-homeloan.html
Feel free to ask if you have further queries.
Sussane