Posted by Earl on June 01, 2000 at 11:46:02:
David, Conseco will finance used mobile homes< 20 yrs. old, with 5% down, int. rate depends on borrowers credit rating. Used Homes 21-30 yrs. old w/ 20% down int. rate 17.5% up to 10 yrs. You can contact Conseco @ 800-292-7413.
Financing through Finance companies - Posted by David Alexander
Posted by David Alexander on June 01, 2000 at 10:33:50:
Ok, guys I’m buying a bunch of homes in one shot and included in that buying will be some DW’s. I need to know from experience how old will finance companies go on financing these puppies. I’m going to be needing to get some of my cash back out, as these are going to a little more than a typical Lonnie Deal (read that yield will go down).
So in your experience how many years back (age of) will the financing companies go, these are 90 and newer, maybe an out chance of late 80’s. Just dont want to lose my yield but these DW’s are coming at a good price.
David Alexander
Re: Financing through Finance companies - Posted by cc
Posted by cc on June 01, 2000 at 21:19:57:
There are several lenders in SC that will do l loan on up to 3 homes. If you are in SC or NC I would be glad to help. I do not know anything about other states. You could call a few dealers, and mortgage brokers.