Posted on: 29th Jul, 2010 12:53 pm
trying to buy a 1991 mobile on almost 12 acres of land. There is a 3-stall pole building, 1 22x25 building that is insulated with its own furnace and wall ulnit air, another 12 x 16 building insulated with wall unit air. The mobile home sits on pilings and there is a big porch which is securely fastened to the mobile home.
Can you direct me to some financing agencies who will lend on this type of property?
Can you direct me to some financing agencies who will lend on this type of property?
Hi bgeary,
You'll have to speak to the local mobile home loan lenders and check out whether or not they are ready to give a loan on such a property. Also, before giving you the loan, the lender will check whether or not you meet the required criteria to get a mobile home loan. If you satisfy the required criteria, the lender would offer you a mortgage.
This community, too, has a large number of lenders. You can seek a no obligation free mortgage quote from them in order to know what type of rates and terms you would receive.
Thanks
You'll have to speak to the local mobile home loan lenders and check out whether or not they are ready to give a loan on such a property. Also, before giving you the loan, the lender will check whether or not you meet the required criteria to get a mobile home loan. If you satisfy the required criteria, the lender would offer you a mortgage.
This community, too, has a large number of lenders. You can seek a no obligation free mortgage quote from them in order to know what type of rates and terms you would receive.
Thanks