Posted on: 03rd Aug, 2010 04:46 pm
Hi, I have a free and clear title to a 1984 moblie home and I want to know if theres anyway possible I can get a $1500 loan against it.
Welcome g palm,
As the mobile home is free and clear, you can use it as a collateral to secure a loan. You can contact the local mobile home loan lenders and apply for loans. If you have a good credit score and meet the required criteria of the lender, you would be able to qualify for a loan.
You can even speak to the lenders of this community and seek a no obligation free mortgage quote. This will give you an idea as to what type of rates and terms you would receive.
As the mobile home is free and clear, you can use it as a collateral to secure a loan. You can contact the local mobile home loan lenders and apply for loans. If you have a good credit score and meet the required criteria of the lender, you would be able to qualify for a loan.
You can even speak to the lenders of this community and seek a no obligation free mortgage quote. This will give you an idea as to what type of rates and terms you would receive.