Posted on: 01st Oct, 2010 06:42 pm
my husband would like to obtain a loan to purchase a mobile home. we have home mtg. would we be able to borrow for a new mobile home to place it in a mobile home park, even when we owe on our home loan?
Hi violaveramsw,
Welcome to mortgage fit,
Surely, if.......................
your debt to income ratio is reasonably good.
You have good credit score...
Verifiable income source.
You can just check out with your lender (existing or new one) whether you qualify for a fresh loan for mobile home.
Feel free to ask any further query if you have.
DIPA
Welcome to mortgage fit,
Surely, if.......................
your debt to income ratio is reasonably good.
You have good credit score...
Verifiable income source.
You can just check out with your lender (existing or new one) whether you qualify for a fresh loan for mobile home.
Feel free to ask any further query if you have.
DIPA