HELP! We Need A Construction Loan

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Vivienne

HELP! We Need A Construction Loan

Post by Vivienne » Wed Jun 16, 2004 12:48 pm

Is there any company's out there that will give my husband a construction loan?

Last year we purchased a 2002 doublewide in a mobile home park in Haysville, KS, and after living here a year and having the lot rent eat us alive we have decided we want to move the home onto a peice of land we have seen.

The plan is: To buy the peice of land, do all the necessary work to get the house set up on it and then pay off whats remaining on our mortgage and have one payment on a 30 year loan.

We have found a company that will come in after the construction loan and pay that off and the remaining balance on the house BUT we have yet to find a company that will give us a loan for the construction side.

My husband does not earn that good money (roughtly $1600 a month), and i do not work as i have just had a baby. His credit is not too bad, but there are some duplicates on his credit report that we are in the process of having removed.

Can anyone help us? we're getting desperate to move our home and get some peace and quiet.

Many thanks

Vivienne

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