Posted on: 07th Jul, 2010 08:11 pm
My husband and I are saving money for a new mobile home purchase within the next three years but we would like property and a septic system along with it.
Welcome lturrentine,
If you're planning to take out a conventional mortgage, then you would require a down payment of 20%. If you want to go for a FHA loan, then you will have put a down payment of 3.5% - 5%.
If you're planning to take out a conventional mortgage, then you would require a down payment of 20%. If you want to go for a FHA loan, then you will have put a down payment of 3.5% - 5%.