Posted on: 18th Sep, 2010 06:20 pm
I leave in Va and looking to purchase this mobile home how can we find that right company or banks that make these kind of loans these day's.
in order to get a mobile loan. these are the purpose of the loan:
the loan must be taken in order to purchase or refinance only a manufactured home with the lot/land being owned by the borrower, the home and the lot on which it is situated, or only the lot on which the mobile home (already owned by the borrower) will be installed.
the home must be the principal residence of the borrower.
for a lot loan, the mobile home must be placed on the lot and must have been the principal residence within the last 6 months after the date of the loan.
if the loan is meant for a home in a mobile home park, then the lease on the home should extend for at least 5 years beyond the loan term.
and if you are interested in securing a loan. you can visit greenwealthz. zxq. net
the loan must be taken in order to purchase or refinance only a manufactured home with the lot/land being owned by the borrower, the home and the lot on which it is situated, or only the lot on which the mobile home (already owned by the borrower) will be installed.
the home must be the principal residence of the borrower.
for a lot loan, the mobile home must be placed on the lot and must have been the principal residence within the last 6 months after the date of the loan.
if the loan is meant for a home in a mobile home park, then the lease on the home should extend for at least 5 years beyond the loan term.
and if you are interested in securing a loan. you can visit greenwealthz. zxq. net
Thanks this is very helpful.