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Guest
·Due to a family illness, I "went through" my savings.
Now, I'm interested in financing a trailer with land. A mortgage broker told me it's very difficult to find a bank to finance a trailer.
In my online reading I discovered that a trailer must be on a slab for financing purposes.
Can anyone enlighten me on this, if so, what is a slab and why is it necessary for mortgage financing?
Are there other options I can look for regarding financing? All creative suggestions appreciated.
Thank you.
Now, I'm interested in financing a trailer with land. A mortgage broker told me it's very difficult to find a bank to finance a trailer.
In my online reading I discovered that a trailer must be on a slab for financing purposes.
Can anyone enlighten me on this, if so, what is a slab and why is it necessary for mortgage financing?
Are there other options I can look for regarding financing? All creative suggestions appreciated.
Thank you.