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mobile home mortgages FAQ
Yes You Can get a federally insured mortgage for 30years I do them - email me
Everyone else is right. It is tricky to find a lender these days that will touch a mobile home. You can get a loan for a double wide with FHA, but they won't even consider a single wide. Also keep in mind that they add points to the interest rate if it
A mobile home has axles and wheels and can be moved but is designed to be set on the ground and lived in. Usually a bank will lend money and you can get more money if you also own the land underneath the mobile home. This makes it real estate because
mobile home mortgages news
Man will pay twice for rent on mobile home
LELAND, NC (WECT) - A Leland man said he's going to have to pay again for rent he's already paid to his landlord. Timothy Redmond said he found out in January that his landlord had not paid the mortgage on the mobile home for three months.
"With the economy, everybody's strapped. You pay your rent thinking that's out of the way and you have to worry about the other bills and now I have to pay it again," he said.
Source: WECT-TV6
Commonwealth Bank reveals itself as a bunch of pirates
The bank is flying 200 of its "mobile bankers and mortgage innovators" from throughout the country to Lorne for a gala dinner on a "treasure island".
CBA staff are ordered to come dressed as a "pirate, wench, rascal, scoundrel or villain", with those refusing to join in the fun ordered to "walk the plank".
Source: NEWS.com.au
Resident-bought mobile home park is NH's 100th
Residents of a 54-unit mobile home park in New Hampshire recently bought the property, making it the state’s 100th resident-owned manufacturing housing community.
The group bought the Big W Mobile Home Park in Derry for $2.2 million. They got a mortgage from the New Hampshire Community Loan Fund.
Source: Boston.com