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If your financial problems have reached the point where you do not see a way out and you feel as though you are drowning in debt, your best way out is through declaring bankruptcy. Filing may well allow you to get your finances back on track Thankfully, there are now several web sites that are there to help people like you with bad credit to find the fast personal loans that you need. When you have bad credit, the first thing that you should be looking for is a loan company that
Mobile home loans are a form of home loans widely found these days. As the name implies, this loan is for mobile homes that can be moved from one place to another. There are two types of mobile home loans available, loans to buy a mobile home with the land and loans to buy a mobile home without the land. When the land does not come into consideration, the finance institutions give a loan for mobile homes in parks, leased lots, family land, or any situation where the home is not deeded as real property. This sometimes includes people who buy manufactured houses and place it on their land until they build another home later. Such loans are considered to be high-risk and many leading institutions have quit writing them completely. With the loans of mobile homes with land, the land is naturally taken into consideration for the amount of the loan. To get a mobile home loan of either category, one needs to have a good to excellent credit rating. The better the credit rating, the better is the chance of getting the loan. Usually, financial institutions do not charge an application fee for these loans. The only fee that may be asked is for one to pay the appraisal. Some financial institutions have mobile home foundation requirements that have to be fulfilled in order for the loan to be granted on both owned land or on mobile home parks. One of the requirements is that the wheels, axles, and hitch of the mobile home have to be removed. Another requirement is that the mobile home has to be permanently affixed to one of the following foundations, either a poured concrete support column installed below the frost line, or a poured concrete slab on grade with a floating slab and concrete block piers installed below the frost line. Article Tags: Mobile Home Loans, Mobile Home, Home Loans, Mobile Homes
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