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What are the chances of getting a 2nd mortgage for a trailer near the ocean in a camping ground?
Posted on August 9th, 2010 1 commentMom of 2 great boys asked:
I’ve asked this question before about campers, trailers, permanent sites at a camping ground in South Carolina.I am doing alot of research here and many of my feedbacks have been negative about any bank or financial institute even considering a 2nd mortgage or loan to purchase one of these so called trailers in a campground.
I also am getting negative feedbacks on the resale value on these structures.
Anyone know, or how to go about looking for a reputable lender in South Carolina? I am in North Carolina and my broker does not know anyone nor does he have any advice for me on this situation. He told me to check in South Carolina.
So, here I am asking you.
Any help will be greatly appreciated.
Wilma
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