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Updated about 6 years ago,
Financing question - Creative...mobile home financing
Let's say I'm loosing 90%+ of my buyers because they are just falling short of having enough deposit for a Loan. Most bank are requiring 30% down. Most of my buyers are falling just short of the amount. Is it possible to give them a short term loan so they can just have enough to get the mobile home bank loan? Has anyone had experience doing creative financing like this?