Posted on: 24th Oct, 2009 04:16 pm
What is the interest rate on a loan for a Mobile home in a Mobile home park where you rent the space.
Hi,
The interest rate on your mobile home loan depends on a lot of factors. The main factor is your credit scores. The better scores you have, the better rates you get on your mortgage loan. It also depends on the amount of down payment you are making and the upfront discount points you are paying for the loan.
The interest rate on your mobile home loan depends on a lot of factors. The main factor is your credit scores. The better scores you have, the better rates you get on your mortgage loan. It also depends on the amount of down payment you are making and the upfront discount points you are paying for the loan.
Can you give me a ball park range for $100,000. purchase with a $28,000. down and excellent credit?
You cannot get a "mortgage" on a mobile home if you do not own the land. You may get a secured loan that would be different than a mortgage.