Posted by
Jennifer Merino

Hi! Does anyone knows of a lender who finance a trailer with acreage ?

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Hi! Does anyone knows of a lender who finance a trailer with acreage ?

By Jennifer Merino   
Posted on Nov 21, 2020 in Topic: Realtor Only
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Asked by: REALTORS®
Posted: 2 months ago
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Diamond
Joe Applewhite
about 2 months ago
David Carriere
Smarter Mortgage
+1 (281) 650-0648


about 2 months ago
Bronze
Andrea Curran
about 2 months ago
Jason Rinn, Mortgage Outfitters- (281) 782-7955.


about 2 months ago
Silver
Diane Peters
about 2 months ago
Try contacting a bank in that city where the property is located. If they dont I'm sure they know who do it call a trailer park near that city that sale trailers.


about 2 months ago
Bronze
Stephony Garrett
about 2 months ago
You can use mortgage outfitters however, their origination fees are very high. I would also recommend Angie Bacon with CMG financial. Their restrictions are: not older than 20 years, in original location, retrofitted double-wide. Her number is +1 (832) 592-2524.
I would also recommend Scarlett MacFarland (281) 255-3480


about 2 months ago
Bronze
Antoinette Boulet
about 2 months ago
So far as I’m aware, it would have to be a fairly new trailer, less than 2 years old. Typically these properties are paid for in cash. If it’s is a brand new trailer, the manufacturer or sales company will finance it. If it’s very new/barely used, and the buyer is willing to put HALF down in cash, you might find a hard money lender to help (doubtful) with a short 3 year repayment. Otherwise, it’s not likely anyone will lend money for the purchase. The depreciation is so high, it’s not worth as much as collateral as would still be owed.


about 2 months ago
Disclaimer: Answers provided are just opinions and should not be accepted as advice.
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