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Updated about 5 years ago,
Getting a Loan for Land and Mobile Home
Is Anyone familiar with getting a Loan for the purchase of rural land and mobile homes? Would you have to get two separate loans, one for the land and one for the mobile home or are there loans out there that allow you to purchase both under one? If there isn't a loan that allows you to purchase both, would the best option be to try to merge both loans onto one note?
An interesting opportunity came up to purchase 10 acres that has a mobile home on it, but the mobile home needs to be torn down and replaced so I am trying to see what the options would be, financially.