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kathryn_jec



Joined: 16 Nov 2007
Posts: 2

Posted: Fri Nov 16, 2007 5:04 pm    Post subject: Mobile Home Mortgage  

I would like to learn about the salient points to keep in mind while applying for mobile home mortgage. Will some one please help?!
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chow



Joined: 22 Jan 2005
Posts: 2352
Location: Cornfield County, Indiana

Posted: Sat Nov 17, 2007 1:35 am    Post subject:  

If you don't have it on your own land, and have it taxed as real estate, then you have nothing but a installment loan on something that never will appreciate in value. You lease the land, the home is stuck in the location it gets delivered
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banker0679



Joined: 04 Feb 2008
Posts: 5
Location: Charlotte, North Carolina

Posted: Mon Feb 04, 2008 11:01 pm    Post subject:  

look into FHA for financing...this should be your first step
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