Asked by David N Beth Smith, Altamonte Springs, FL • Tue Nov 27, 2012
We have no problem getting a $180k mortgage for a traditional home (FHA or conventional), or a loan on a new mobile home/land package, but I can't find any banks that will do an FHA loan on an existing mobile home. For example, a mobile home on 5 acres in Geneva, asking price $70k, tax collector appraisal $125k, with us putting $20k down. Any suggestions are appreciated!
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