home mortgages
eveyc@verizon.net asked:


I have bought a home 3 years ago,I was wondering if we could get a modular home in the near future.But how much would it be the mortgage.Does it double the payments or is a contruction loan then converts into a regular loan?I am not sure of how it works

JESSIE

Comments

One Response to “if you have a home and would like to get a modular home.Do you pay two existing mortgages,how does it work?”

  1. Scott L on July 1st, 2008 12:48 am

    2 homes = 2 loans.

    Sell the home you live in and build the modular. The builder will probably be able to set you up with financing.

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