NLIC.org

Leonard Said:

Who Will Refinance My Mobile Home And Land?

We Answered:

People do that here in Oregon all the time, finance land and a manufactured home together (they're not called mobile homes any more). Most lenders operate nation wide too. As long as it's on a permanent foundation it's not a problem but if it's set up with blocks and skirting, no way, because then it's considered personal property, not real property. Shopping around at some mortgage companies should find you what you want.

Anthony Said:

Where can I get a first time home loan with very bad credit and little to no money down?

We Answered:

I am a mortgage specialist. I specialize in helping people with challenging credit. What are you calling "very bad credit?" What are your credit scores? The payments that you are currently making on the mortgage are not being applied to your credit file because your name is not on the mortgage. If you are making the payments on time, then you are giving your husband's sister good credit because the payments are being applied and recorded on her credit bureau. This situation is too complex for us to discuss here. Please contact me at wwi_2@yahoo.com as soon as possible.

Marion Said:

Where do we get financing for a mobile home on a foundation?

We Answered:

FHA is the only way I know of you can go. You can get a fixed rate but it is now much higher. All the standards have to be met.

Diana Said:

what lenders will accept mobile homes for a mortgage?

We Answered:

do you mean you own land and would like to purchase a mobile home?
do you mean you own land and own a mobile home and need a loan taken against the property?
now, if you own your land, and want to have a new mobile home delivered, but you need to borrow the money, the first place i would check is with the company who your purchasing the home from. they may have financing, or have companies to refer you to.
and if its not like a brand new home, or at least valuable land you own free and clear, i dont see it happening

Emily Said:

I filed Ch 7 bankruptcy in 02 and didnt reaffirm home. Can I surrender it now w/o having a foreclosure?

We Answered:

Since you did not sigh a reaffirmation agreement the account should show as "Included in bankruptcy" on your report.

So if you now stop making payments nothing should change.

I know I went through this on my ex Wife's car back in 2000, as long as she made the payments Ford let her keep the car but once she stopped they repossessed it and nothing changed on my credit.

Marc Said:

Is there a lender that specializes in older mobile home with property loans?

We Answered:

Please don't go to people in here spamming for business.

It sounds like there may not be a permanent foundation under the MH. Some will lend on a post foundation though.

Try US Funding group, if there is a branch in your area.