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What else can I help you with?
Where can one get financing on a mobile home?
Financing on mobile homes can be difficult to find at times but some local banks may offer financing on them. Some venues that offer financing are ING Direct, 21st Mortgage, and Financial Services Unlimited.
What is the purpose of manufactured home financing?
The purpose of manufactured home financing is to get loans for building a mobile home. To make it easier to get a loan it would be advisable that the home is used as principal residence.
Where can online home financing be found?
There are different websites where you can get online home financing. One of them is discover, which explain how to get online home financing and what opportunities you have. Another one is lendingtree which consists a network of lenders.
How can I refinance my mobile home and land together?
To refinance your mobile home and land together, you can apply for a loan specifically designed for this purpose. Contact lenders who offer mobile home and land financing, gather necessary documents such as proof of ownership and income, and submit an application. If approved, the new loan will pay off your existing mortgage, allowing you to consolidate your debt and potentially secure better terms.
Why does a mobile home dealer need your social security number to buy a mobile home if you are not financing?
It may be because that in most(all?) states mobile homes are registered with the department of motor vehicles and ownership is titled through that agency. As such, the dealer would have to file a transfer of ownership from him to the purchaser in order to get it removed off of his records (and taxes) and onto yours. Any tax documents are filed under your SSN.
Where can one get financing on a mobile home?
Financing on mobile homes can be difficult to find at times but some local banks may offer financing on them. Some venues that offer financing are ING Direct, 21st Mortgage, and Financial Services Unlimited.
What is the purpose of manufactured home financing?
The purpose of manufactured home financing is to get loans for building a mobile home. To make it easier to get a loan it would be advisable that the home is used as principal residence.
How do you gain ownership of a mobile home on my property?
To get mobile home loan you have to satisfy certain standards set up by the 1976 HUD code.For mobile home financing you can take mortgage loan to buy both the land and the mobile home or to buy either the home or the land.
Do you pay sales tax on a used mobile home in Pennsylvania?
If you buy a used mobile home from the owner, the lender financing the home with a mortgage or personal property loan normally sees that the sales taxes are paid. However, if you are paying cash for the mobile home instead of financing the purchase, you are responsible for paying sales tax when ownership of the mobile home is transferred to your name. Usually, sales tax is assessed and collected when you register the home with the motor vehicle agency inyour state.
Can I use a home mortgage calculator if I am buying a mobile home?
If you are financing it then yes you can use a mortgage calculator. You can find a free one if you go to www.bankrate.com.
How do I get home improvement financing?
Home improvement financing can be easily obtained from a number of institutions if your credit rating is up to par. I have obtained financing from my bank a few years ago. Just last year I had to get financing to have my storage shed rebuilt and I was able to do it at the home improvement store where I purchased what I needed. There are also many loan companies available to help with financing.
Which companies provide mobile home financing in the UK?
Park Home Assist and M.H Loans are two companies which provide for mobile homes. One could also consider if the bank will lend them the money as this can sometimes be an option.
I need to finance a portion of the price of a used mobile home. Where are the companies located who can help me I'm in the El Cajon/Santee.Lakesidearea.?
http://www.mhloans.com/, Apply Online or Call Toll Free 888-809-1145. MH Loans offers mobile home loans, mobile home financing and mobile home refinancing for homes in parks and communities. We are unique in our industry because we only finance the mobile home and manufactured homes, not the land that the home sits on. If your goal is to refinance your manufactured home to lower your interest rate, or shorten your term, youre in the right place. We also provide mobile home financing for your used mobile home purchase with as little as 5% down. Our manufactured home mortgages are considered chattel mortgages, a term used when the land is not a factor, just the mobile home or manufactured home. Apply today for the lowest rates in the nation. We finance and refinance all lenders loans.
I have a double wide home on my own lot. The home was manufactured in 1974. I pay 10% interest. Can I get lower interest financing?
MHLoans.com is a good place to start for refinancing an existing loan for a mobile home.
What is the Life expectancy of a mobile home?
A well treated Mobile should last 50 years.
What happens if your mobile home is voluntarily repossessed and it is in a mobile home park?
The bank or current lien holder will take possession of the mobile home after the required steps of repossession takes place. The bank or current lien holder of the mobile home is responsible for paying the lot rent unless the mobile home is sold to a secondary party such as an investor. At this point, the lot rent follows the ownership of the mobile home. In most cases, the larger banks who specialize in mobile home financing will pay atleast a portion of the lot rent. It is very important to contact the park owner to verify the amount of park rent that is due. This is very negotiable especially if the new owner of the mobile home plans on leaving the mobile home in the park. Note: The park owner is a great prospect to sell this mobile home to.
How to Obtain Home Financing?
Due to the high rate of foreclosures over the past few years, banks have drastically cut down on their mortgage financing. While getting home financing is more difficult it was a few years ago, there are still ways to get good home financing options. When looking for a good home financing option you should plan on putting forth a sizable down payment. While banks a few years ago would have allowed a person to put forth a down payment of 5% or less, most banks now want their borrowers to put forth at least a 10% down payment and 20% down payment to get the best rates.
