How can I get a loan on a mh I own free and clear - Posted by Eva

import · April 15, 2006, 9:33am

Posted by adam on April 17, 2006 at 20:02:53:

yea sorry about that…20% down if your looking to BUY

import · April 15, 2006, 9:33am

Posted by Eva on April 15, 2006 at 09:33:37:

Hello,
I would like to get a loan on my mh. It’s a 1982 Fleetwood Doublewide, good condition. I own it free and clear. I have a credit score of over 700. I need a loan. Anyone have any ideas or know any MH LENDERS? I need at least 40k.

Thanks!

import · April 15, 2006, 1:34pm

Re: How can I get a loan on a mh - Posted by Tony Colella

Posted by Tony Colella on April 15, 2006 at 13:34:33:

If you are living in the home, try Wells Fargo, Washington Mutual, and others such as 21stmortgage.

Tony

import · April 15, 2006, 10:32am

Re: How can I get a loan on a mh I own free and - Posted by adam

Posted by adam on April 15, 2006 at 10:32:26:

what state are you in? 40K sounds outragious but im in Indiana…is it on land or a in a park? if you have 700 credit financing shouldnt be very hard at all…theres a lot of lender who do not do moblie home lending at all in my state but if you call around you’ll find someone and they’ll likely require around 20% down…pick up the phone book and call around to the banks, with a credit score like that it shouldnt take long to find someone willing to lend to you

import · April 17, 2006, 5:43pm

Re: How can I get a loan on a mh I own free and - Posted by Joe

Posted by Joe on April 17, 2006 at 17:43:43:

20% down? Sounds like he is trying to pull out equity. Do you mean 80% LTV?