Financing in Galt>Question Details

Ron Caragio, Real Estate Pro in Lockeford, CA

Lending on 1978 Mobile Home in Senior Park under 40k

Asked by Ron Caragio, Lockeford, CA Sat Feb 16, 2013

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John & Janis Arendsen’s answer
If it's a rent/lease community you will have to find a chattel (personal property) lender that would be willing to lend on a MH that old. If you did find a lender you would be looking at a very large downpayment, high interest rates and a short term. Probably not more than 5 to 10 years.
0 votes Thank Flag Link Sat Feb 16, 2013
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