mobile home financing
Posted: Mon Jul 09, 2007 9:54 am
Well,
I first posted when I was planning on building a wood basement and putting my used 87 Chief on it. THat is happening. However, I decided that I wanted to borrow some money to do a bit more than planned and in checking around found ojut that singel wides are very hard to find mortgages on! Is this true? Am I going to have a helluva a time selling this property down the road even though I will have put mucho dollars into it? It sits on 40 acres. I found that the local banks will do financing but that's it - no access for first time home buyers or secondary mortgages like through these lending tree /Ditech types. Wow!
Linda
I first posted when I was planning on building a wood basement and putting my used 87 Chief on it. THat is happening. However, I decided that I wanted to borrow some money to do a bit more than planned and in checking around found ojut that singel wides are very hard to find mortgages on! Is this true? Am I going to have a helluva a time selling this property down the road even though I will have put mucho dollars into it? It sits on 40 acres. I found that the local banks will do financing but that's it - no access for first time home buyers or secondary mortgages like through these lending tree /Ditech types. Wow!
Linda