Posted on: 09th Sep, 2013 01:02 am
Hello there... I am planning to buy a mobile home for around $35,000. how much should I put down? Also, what will be the lot fee and monthly payments?
Hi Guest,
You will have to pay 20% down payment if you are going for a conventional loan. The monthly payments will depend upon your mortgage amount and interest rate.
Thanks,
Jerry
You will have to pay 20% down payment if you are going for a conventional loan. The monthly payments will depend upon your mortgage amount and interest rate.
Thanks,
Jerry
Hi Guest!
Welcome to the forums!
If you are looking for a FHA loan, then you will have to pay a down of minimum 3.5%.
Feel free to ask if you've further queries.
Sussane
Welcome to the forums!
If you are looking for a FHA loan, then you will have to pay a down of minimum 3.5%.
Feel free to ask if you've further queries.
Sussane