Can you accept a guarantor that owns a mobile home or a caravan?

sassy (1 year ago)

hi i am wondering my guarantor lives and owns her own mobile unit were she stays would that be acceptable as shes has the deeds in her name she works full time and has an excellent credit rating thanks

FLM Loans (8 mths ago)

The only way FLM can accept a guarantor that owns a mobile home, caravan, or any other temporary structure, is if they own the actual land the home is located on. I'm afraid it's not enough for them to just own the home.

Comments (2)

pmg (9 mths ago)

my guarantor lives and owns his own caravan, does that count as homeowner??

FLM Loans (9 mths ago)

A caravan, mobile home or anything similar is classed as a temporary structure so it is not enough for them to own this. They need to own the land and the property they live in to count as a homeowner for FLMs guarantor criteria


Tags: accept, caravan, caravan park, guarantor criteria, homeowner, house, land owner, mobile home, owns, property, static