Posted on: 29th Dec, 2012 01:33 pm
Yes I have a question I have my own land and I just wanted to know can If i can use my land as a down payment as collarall to get a mobile home double wide
Hi Ree Young!
Welcome to forums!
In order to get a conventional loan, you will have to give around 20% down payment whereas for a FHA loan, you will have to give a down payment of 3.5% - 5%.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
In order to get a conventional loan, you will have to give around 20% down payment whereas for a FHA loan, you will have to give a down payment of 3.5% - 5%.
Feel free to ask if you've further queries.
Sussane
The land thet you own can be used as a collateral to get approved for a double wide mobile home. Depending upon the lender, you have to make down payment amount too.