Who is the RV loan?

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49k mobile home, I have a 20% ($ 9,800) DP. I have good credit. But do not banks or mortgage companies for mobile homes or rental of less than 50k. But I only need about 39k. Anyone have any idea where I could get funding? The property is located in Virginia.

4 Comments
  1. Reply
    godged
    April 30, 2011 at 1:05 am

    If it is less than 20 years old, some credit unions do this financing. There are some small private lenders that do this as well, you may have to turn over a few rocks to find them though. If this mobile home is pre 1976, you are never going to find financing.

  2. Reply
    jay nolan
    April 30, 2011 at 1:12 am
    52 of 54 people found the following review helpful:

    By far the best, October 17, 2000
    By 
    jay nolan (Tacoma, Washington) –

    This review is from: The 106 Common Mistakes Homebuyers Make (& How to Avoid Them), 2nd Edition (Paperback)

    Having spent several hours in B&N reading through the many different books on homebuying, we bought this one and Dummies. 106 Mistakes turned out to be the best by far. It gave us far more concrete examples concerning everything from mortgages to inspection to homeowner associations. In addition, it really helped us understand how to evaluate the appraisal as wellas the investment potential of the homes and neighborhoods we were considering. Eldred’s experience and expertise seems to stand head and shoulders above the others. Plus, this book is the most entertaining to read. Don’t look for a home without it.

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  3. Reply
    Robby
    April 30, 2011 at 1:18 am
    51 of 53 people found the following review helpful:

    Worth its weight in platinum, January 28, 2001
    By 
    Robby (Amherst, MA) –

    This review is from: The 106 Common Mistakes Homebuyers Make (& How to Avoid Them), 2nd Edition (Paperback)

    Having read a pile of homebuying books, I would rate this one tops for six reasons:(1) The author clearly knows what he is talking about from experience–unlike too many authors who are primarily journalist or biased real estate agents.(2) It’s easy and fun to read. (3) It gives dozens of ways to buy with little or even nothing down. (4) It reveals scams and tricks that real estate and mortgage “profesionals” use to fleece the unknowing. (5)The author knows real estate across the country–not just in California or other specific locales(i.e., too many HB books are written by writers who don’t seem to know that Chicago or San Francisco aren’t the areas where most people are buying). (6)Unbelivebly, the author lists his telephone number and email in the book so as to invite comments and questions. I queried and he called and talked 20 minutes to adress my concerns. And no, he didn’t charge me or try to sell me any more books and tapes.

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  4. Reply
    Phil Locke
    April 30, 2011 at 1:27 am
    58 of 62 people found the following review helpful:

    The great equalizer plus fun to read, April 22, 2000
    By 
    Phil Locke (Denver, CO) –

    This review is from: The 106 Common Mistakes Homebuyers Make (& How to Avoid Them), 2nd Edition (Paperback)

    Great book, fun to read. Really gives you the inside info to make sure your realtor, mortgage lender, and lawyer aren’t taking you for a ride. I read four books on homebuying (Dummies, 100 Questions, Tips and Traps) and got more down-to-earth practical advice from 106 Mistakes than all the others combined. If you like real life examples instead of vague generalities, you’ll find that this book delivers the advice you need. At least it did for us!

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