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Fri May 9 2008, 20:53 - Los Angeles - General Area - 3 answers
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Hi Wendy,
Purchasing land is very different from purchasing a single family home or a manufactured home. The laws and guidelines for financing land and manufactured homes are different from regular home financing. First and far most there is no collatoral. The lender would have to consider the amount of risk involved should you default or change your mind about buying the manufactured home yo place on the lot after receiving the loan. Please call me. I will set-up a free consultation with my lender and together we all can discuss lots, land and manufactured homes. There are no obligations on your part. Shirley Dunn Dunn & Associates Realty 310 433-7097 Sat May 10 2008, 20:58
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Sorry Wendy, I can see I have a typo, my cell # is 310-350-4280
Jimmy Fri May 9 2008, 21:17 Web Reference: http://www.jimmyhutchinson.net
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FIRST ANSWER
Hello Wendy,
I have a direct banker I deal with that I believe offers a package, depending on your credit/income, that is 30% down. I'm not sure if they have something better, but I will check it out on Monday. Please call me when you have a chance. Jimmy Hutchinson Atmosphere Realty 310-350-480 Fri May 9 2008, 21:09 Web Reference: http://www.jimmyhutchinson.net
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