Home Buying in Olmsted Falls>Question Details

J Rowan, Other/Just Looking in Olmsted Falls, OH

Is there a mobile home lender that offers a 15-20K mortgage in 44138?

Asked by J Rowan, Olmsted Falls, OH Fri Oct 21, 2011

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In Ohio the closing of a mobile home does not take place at the BMV. If you are thinking of purchasing a mobile home and leaving it in a mobile home park a land lease is usually done on the property the home sits on and rent is paid to the park.
The best place for a loan on a mobile home currently is a credit union,
If you need more information please email me at mike.kulaga@century21.com
0 votes Thank Flag Link Sun Feb 24, 2013
Mobile Homes do not qualify for mortgages. They are considered personal property much like a car. The best you can do is go to a bank and obtain a personal loan. The purchase of a mobile home is obtaining title and you actually settle at a motor vehicle agency in most cases.
0 votes Thank Flag Link Fri Oct 21, 2011
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