Need help finding mobile home financing - Posted by stephen wilson


#1

Posted by Shellie Hormann on October 22, 1998 at 03:32:56:

I don’t know if this will help you or not, I am new to REI.

I have seen some mobiles in my area that have been repossessed by the park they are located in, and are being sold with owner financing. You may want to check with your local parks. Even if you don’t want to live in a park, mabey they’ll still finance for you, and let you move it. These mobiles were double wides - around $19,000 or so.

It doesn’t sound like your wanting to invest, just wanting to get a place to live in yourself. Am I right?

Good luck to you!

SRH


#2

Need help finding mobile home financing - Posted by stephen wilson

Posted by stephen wilson on October 20, 1998 at 16:19:12:

I want to buy a mobile home in the 15,000 dollar range possibly a little higher. I cant find a company that will finance me even though I will put 10-15% down and would like 20 year mortgage to pay it off.The reason i’m being denied is because I have bad credit but I have a good rental history and also have a fair income does anyone judge on income for these instead of credit?