Posted by John Merchant on August 05, 2008 at 20:25:56:
Dan if you’ll give me a call I think I’ve got the investor who’d make this loan if your people have $25k to put down and other collateral.
FYI though, a retirement plan isn’t normally usable as collateral but I’m willing to look at what they have and try to make it work.
Call me @ (253) 228-2277
Need Financing for Mobile Home - Posted by Dan
Posted by Dan on July 28, 2008 at 20:38:04:
I have clients needing a purchase money loan who have a $25k down payment on a $65,000 mobile home in Northern CA. They are willing to collateralize the balance with a retirement plan of $42,000 plus the mobile. They are behind on their existing home loan due to the subprime market and changes in rates and plan to leave that property once the short sale is accepted. Hard money is okay too, depending on terms. Any help here?