Home Buying in Lockhart>Question Details

Mschroer, Home Buyer in Lockhart, TX

I'm planning to buy a double wide mobile home on 10 acres in Caldwell County TX. About how much can I expect to pay in closing costs and down

Asked by Mschroer, Lockhart, TX Fri Jan 13, 2012

pmt %?

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Your loan officer or Realtor can discuss those particulars. Much applies what the purchase price will be, down payment and etc.

Lynn911 Dallas Realtor & Consultant, Credit Repair Advisor
0 votes Thank Flag Link Fri Jan 13, 2012
You need to discuss this with your mortgage lender ASAP. These types of loans are not easy to get. You will probably need to go FHA, as long as the foundation is permanent and meets FHA guidelines. If it doesn't, the seller will need to retrofit it. Also, that mobile home needs to have been moved only once, onto that site. If it has been moved more than once, you will have great difficulty finding any financing. There just aren't that many lenders who want to offer MH loans anymore. So before anybody gives you estimates, they will need to know about the foundation.
Good luck! Barbara Coker, NMLS Licensed loan officer #228545
0 votes Thank Flag Link Fri Jan 13, 2012
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