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To: jodyel

Shorter the term the better; pay as much principal as you can have in your budget.
Another issue. The picture you posted made it look like a unit in a mobile home park. If that is the case you can’t use regular mortgage financing; you will have to go to a lender that does mobile homes (higher rates).
If you own the land under it and it’s not in a park; then you can use regular financing.


27 posted on 10/15/2013 4:32:59 PM PDT by HereInTheHeartland (Under the Democrats; the Lincoln Memorial is closed; but the southern border is open)
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To: HereInTheHeartland

Was thinking of an acre of land and include that in the financing. Is that possible?

Thanks much,
jodyel


30 posted on 10/15/2013 5:35:25 PM PDT by jodyel
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