Mobile Home Loan Help
Need to get mobile home financing but not sure where to turn to? What are the best places to get the best rate on a mobile home loan?
1. Your local credit union - if you don’t belong to one join one. Some credit unions are open to residents who lives, works, attends church or school in the area. Joining a church to get into a credit union who gives super low rates on credit cards, checking accounts and mobile home financing might not be a bad idea.
2. Your local bank or savings and loan if you don’t or can’t join a credit union is the next place to inquire. If you currently have a checking or savings account with your bank you might be eligible for lower rates on mobile home financing. Do not be intimidated to ask for a lower rate than what is posted public ally especially if you have been a long time customer in good standing.
3. Use the Internet and get multiple finance quotes online. Then use each of those quotes against each other. Call the first company and tell them you got a better quote from company X and want to know if they would beat their rate. Then call company X and tell them company Y gave you a better rate and give them an opportunity to beat that new rate. This takes some time, but it REALLY works. Keep doing this until you have reached the best possible rate you are going to get. You can do this for poor credit mobile home loan as well.