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

Help the community by answering this question:

+ web reference
Web reference:

Answers

2
Michael Kula…, Agent, Olmsted Falls, OH
Sun Feb 24, 2013
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
Elisa Dewees, Agent, Cherry Hill, NJ
Fri Oct 21, 2011
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
Search Advice
Search
Ask our community a question
Home Buying in Olmsted Falls Zip Codes

Email me when…

Learn more