I have currently paid off my ladn and want a loan using my deed to borrow against . It is 1 acre with my mobile home on site. It is valued at $26,700 and I am looking to borrow $15,000 against my property.
Answer:
Go to a bank and present your request for a loan. This is nothing more than a "home-equity" loan or mortgage on your property. Should be no problem at all!
if i were you and my credit is good i wouldnt borrow against it
but if my credit is bad well its still the same crap you should never borrow against your own colatteral only if its for a sure income coming in.
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