A: Federal loans usually fall in the category of loans that require no cosigners and no credit checks. This is due to the fact that federal student loans are designed to help make education affordable for students coming from all sections of the society. Apart from the easy eligibility criteria, these need based loans are accompanied by low interest rates and flexible payment plans. Getting a mortgage for a mobile home is basically the same as getting a mortgage for a regular house. You will need to find a good mortgage loan provider to help you through the process and get you the money you need. Choosing a mortgage loan provider can be tricky. While you can certainly go to your local bank or credit union, you may not want to. The rates offered by banks and credit unions might be substantially higher than those offered by other loan companies. Here you will be able to find lenders that specialize in mobile home mortgages who can provide You much better terms. You wouldn't need a debt consolidation loan if you have excellent credit and a low debt-to-income (DTI) ratio. If you need a debt consolidation loan then you probably have a high DTI and marginal credit. A valid government issued Photo ID (i.e. driver's license)
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