What type of loan do I need to purchase 5 acres of land with an older model mobile home on the land?

Nov 092010
 

What type of loan do I need to purchase 5 acres of land with an older model mobile home on the land?
I can’t get a loan on the mobile home because of the age of it. I need a loan to buy the land and existing structures on the land – a mobile home and pump house.
I am currently living in the mobile home on the land and need the loan to buy it from the seller – currently my landlord because I am paying rent until I can purchase it.

Best answer:

Answer by Billy Cunningham
chances are you will need atleast 25% down to do so. Cause the house is of nominal value.

Know better? Leave your own answer in the comments!

Would a construction loan be the type of loan for building a new home?

Nov 052010
 

Would a construction loan be the type of loan for building a new home?
If you wanted to build your own house, would you apply for a construction loan? What are the terms of a construction loan? How hard is it to get one?

Best answer:

Answer by Toby L
Yes – a construction loan is simply that, when you are in the construction phase you have a construction loan, then when are finished building you will turn that into a home loan

Know better? Leave your own answer in the comments!

does it matter what kind of collection account it is?

Sep 012010
 

does fico score differently based on medical collection vs. some other type such as a cc that goes to a ca?

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How do I tell which type of credit is my account. Wether it is Equifax, trans union, or experian

Jul 222010
 

For instance,

 

I need to know which account is specifically the type of credit so I can go ahead and dispute charges.  Also are there any letters to referrence to send to these accounts to have late day payments that are a couple years old removed that have never been removed and are still showing?

 

Any help is appreciated as I am really trying to sort out my not so good credit so I can purchase my first home.

 

 

Thanks!!!!

Nicole

What type of Home Owners Insurance do we need for our San Francisco condo?

Mar 082010
 


We have an apartment in San Francisco, a unit 2. We have a separate policy, covering the walls of the units of our personal property. We and other units of the association of owners of property owners and trying to understand that we need a separate policy, including the appearance and the court, or whether we have received various types of share insurance underwriting. Any advice?

What type of mortgage do I get if I want to buy a house and fix it up?

Feb 232010
 


For example, if I want to buy a house for $70,000 and fix it up with say $30,000, would I get one loan (mortgage) for $100,000 or would I need multiple loans?

What type of home-owners insurance will pay off my mortgage if I die or lose my job?

Feb 182010
 

What type of mortgage to get when buying new house before selling old one?

Feb 112010
 


I am looking to buy about 60 million new home. I was only 10% of the deposit in cash. We also plan to launch a new purchase of our current family law. I have a house now I’m Baidian St 〇 〇 U. S. Dollar Fair. I also have a 3 million euros was unused lines of credit housing. I look forward to 25 million in new loans. What is the best way to pay? The use of the loan bear? A loan for new housing? What should I do?

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