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What is the best type of loan to go with?

This is a topic titled What is the best type of loan to go with? made in the Mortgage Talk section, belongs to our Mortgage Chat category; We are trying to buy property in Hobbs, New Mexico. It is 2 lots for a total of about 2.87 acres. One of the lots has an older mobile ...








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Old May 7th, 2008, 08:36 AM   #1
Mike
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Registered: Apr 2008
Posts: 1,497
Default What is the best type of loan to go with?

We are trying to buy property in Hobbs, New Mexico. It is 2 lots for a total of about 2.87 acres. One of the lots has an older mobile home on it. What is the best type of loan to get. We do own a home in Alamogordo, NM but we were not wanting to do an equity loan but we do have about 50,000 in equity. We are going to pay 30,000 for the Hobbs property.
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