Monday, October 26, 2009

Is there a place where I can get a 40,000 mortgage loan for 249.00 a month?

I dont think so.For that amount it would be more like $500 per month.



Is there a place where I can get a 40,000 mortgage loan for 249.00 a month?

Not a chance!



Is there a place where I can get a 40,000 mortgage loan for 249.00 a month?

go to your local banks, call up and apply forone of them %26quot;no interest for the first 12 months%26quot; places and pay the 250 a month for the rest of your life



Is there a place where I can get a 40,000 mortgage loan for 249.00 a month?

Some lenders may not go under $50,000 for a loan amount. The loan will depend on the location and condition of the property and your credit history. You're not likely to get that loan amount on a mobile home unless it has a permanent foundation, but you may get one on a modular. You won't know until you make an application. Beware of some of the Internet lenders who may say $249. The fine print may say that amount is good for the first month or so, and may not include taxes and insurance.



Is there a place where I can get a 40,000 mortgage loan for 249.00 a month?

Well it all depends on what type of interest rate you get. If you had an interest rate of 8% and had an interest only program you would have a payment around $270.



kmyers@lendsmartmortgage.com



Is there a place where I can get a 40,000 mortgage loan for 249.00 a month?

Of course. That's only 7.5% interest, assuming an interest-only home equity line of credit or something like that.



With decent credit, you should be able to find what you're looking for

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