Posted on: 08th Aug, 2008 10:12 am
i need to get a loan for a mobile home, but i'm going to lease the land what our my options.
Hi pat.
Welcome to the forum.
You can get a mobile home loan but your credit score should be more than 680 and the mobile home should have a permanent foundation. BTW the mobile home should be your principal residence. For getting Mobile home loan the lender expect 5 to 10 percent down payment.
Feel free to ask if you have any further questions.
Best of luck,
Larry
Welcome to the forum.
You can get a mobile home loan but your credit score should be more than 680 and the mobile home should have a permanent foundation. BTW the mobile home should be your principal residence. For getting Mobile home loan the lender expect 5 to 10 percent down payment.
Feel free to ask if you have any further questions.
Best of luck,
Larry
Pat do an internet search. It is a very small number of institutions that will loan on a manuf. hiome with no property.
Good Luck
Brian
Good Luck
Brian
