What is the method in which a Lender would determine if you make enough income to purchase a Mobile Home.?

Question

Ther is one right across the streetfrom where I live, my payment is $970 per month, the other 1 is $600 per month. Why such a difference?????

Answer 1

A variety of things could make up the difference. Age of mobile home, size/width/amenities/lot size/even brand. Now, as far as how does a lender determine if you make enough to purchase a mobile home, it's the same whether you are buying a normal home, condo, or mobile home. What is your credit score? What's your work history? Debt history.

Answer 2

the assumption of genuine supplies is describe in one sentence, this is: sellers % the utmost value accessible, customers % the backside value and the wonderful deal and the agent needs a speedy sale. i'm no longer suprised that the enterprise is that stingy. If the homestead has been on the marketplace for 30 days, it no longer that undesirable, commonly if this is a few months, that a different tale, yet 30 days hardly symbolize plenty. when I have been given into genuine supplies, one guy could different than me to refund him the coverage, taxes and different expenditures on perfect of the last and agent fee. maximum sellers % the utmost value accessible and as long because of the fact the situation isn't dire, than there is not any longer something you're able to do. If he's desirous to sell, tell him thank you and so long. If he isn't too obdurate, he would be attentive to what's excellent. seek advice from the agent and notice if he's keen to resign part of his fee. to make certain a truthful value, base it on the municipality's each year assessment, that's way decrease than the asking value.

Answer 3

The same method by which you determined this question belonged in the Football categoty.

Answer 4

depends on credit score, debt ratio and and rate loan company can get you to agree to