Title loans on mobile domiciles. Any see any potential issues with beginning a home title loan company that is mobile?

Title loans on mobile domiciles. Any see any potential issues with beginning a home title loan company that is mobile?

  • Articles 68
  • Votes 10

Dustin M.

A person came in my experience recently seeking to borrow $500 and then he has a free of charge and clear home that is mobile. We told him We would allow him borrow the income if i really could place a lien on their mobile house.

Anybody understand precisely how exactly to repeat this. In addition, this provided me with a business idea that is good.

Title loans on mobile domiciles (you see all of them the time for automobiles you will want to mobile houses).

  • Articles 257
  • Votes 58

Mike Matthews

Yes, Dustin could it be a good clear idea, i really do it myself very often. Each time a property is compensated if they want on the mobile home off I make sure the new owners know I can give them a loan. This way I suck them back in.

In Texas once you file the Title or S.O.L Statement of ownership and location, there was destination to put your self since the lien owner. therefore always check you neighborhood states Cellphone Residence Title kinds.

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