I’m trying to get a mortgage to buy a home that involves an older 1970 mobile home. It’s on its own .48 acre lot, not in a trailer park. The home is listed as 12x56 but it’s much wider than that because a lot was added on to it. You can’t see the mobile home part at all any more. It’s on a cinder block foundation and has a shingle roof in good condition that an assessor said looks to be about 4 years old. It even has a small basement where the furnace is. My credit score is very good, but no place I’ve talked to will deal with a mobile home older than 1976. Can anyone suggest a place that will, or might, or provide any other suggestion(s)?
That is correct, anything pre-1976 will not qualify for a mortgage…and since it has been added on to, you have another issue. The seller will either need a cash buyer or he will need to tote the note.