MortgagesUndressed

Exposing Mortgage Facts - Making Mortgages Transparent

SMORT Report: Mobile Home question

Q: I want to buy a home that is a mobile. It is on a foundation. It was built in 1980. Where do I get the best rate, even find a lender who will finance such a purchase. I don’t have a lot of money to put down.

A: You will probably find your best loan arrangement will be with a lender that does FHA insured loans.

Larry Cragun

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