Getting A Mortgage For A Manufactured House
If you're thinking about purchasing a manufactured house and you're worrying about the mortgage options for these kind if homes, you can breathe easy. Most lenders treat a manufactured house the same as a 'normal' house and therefore, you will have the same mortgage options available.
You can get a mortgage in a lot of places. If you don't already have a trusted mortgage advisor, you may ask someone at your local bank. You can also go online and find rates from the comfort of your home.
There are a few steps to follow when looking for a manufactured home loan. If you decide to do some comparing online, be sure to ask for multiple quotes. This way you can ask for more than one kind of loan and interest rate.
After you've received a few quotes from online mortgage companies, you will probably get a call from some of these companies. They will ask you for more information in order to provide you with a more accurate quote.
If you're happy with one of the quotes you receive, you print it out, sign it and send it back to the mortgage company. If they need more paperwork, they tell you what documents you have to provide. Be sure there's some kind of deadline on the mortgage quote, so you don't risk not getting the money to the builder in time for closing. And that's it, you've got a mortgage loan for a manufactured house.
You can get a mortgage in a lot of places. If you don't already have a trusted mortgage advisor, you may ask someone at your local bank. You can also go online and find rates from the comfort of your home.
There are a few steps to follow when looking for a manufactured home loan. If you decide to do some comparing online, be sure to ask for multiple quotes. This way you can ask for more than one kind of loan and interest rate.
After you've received a few quotes from online mortgage companies, you will probably get a call from some of these companies. They will ask you for more information in order to provide you with a more accurate quote.
If you're happy with one of the quotes you receive, you print it out, sign it and send it back to the mortgage company. If they need more paperwork, they tell you what documents you have to provide. Be sure there's some kind of deadline on the mortgage quote, so you don't risk not getting the money to the builder in time for closing. And that's it, you've got a mortgage loan for a manufactured house.
About the Author:
John writes articles about loans and financial matters. He also writes articles in Dutch about hypotheekadviseur and maximale hypotheek.
posted by Debt Consolidation Loan at
5:27 AM
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