Considering a Mortgage to Buy Your First Tiny Home?
The tiny house movement has been growing steadily over the past few years, as people try to reduce their carbon footprint and realize they often have much more home than they really need. Whether you buy an existing tiny house or you get a little plot of land and buy your own, you can reduce your costs considerably when you go down this road to homeownership.
Unfortunately, while a tiny home is much cheaper than a traditional size home, they are still not exactly pocket change. Because of the small return, it can be tough to get a mortgage lender interested in helping someone out with a mortgage loan. That does not mean, however, that getting a mortgage loan for a tiny home is impossible. In 2020, as tiny homes continue to gain acceptance, you may have even more options than ever before.
