manufactured home loan refinance: The Best Way to Obtain a Manufactured Home Loan Refinance - 09/23/07 12:46 PM
Th ebest way to obtain a manufactured home loan refinance is to do your due dillegence and the best place to do that is on the internet. Many banks and lenders have stopped lending on these types of properties and many mortgage brokers do not undersatnd this unique market.
The good news is that we specialize in these mortgage programs and our expert staff can give you the best advice and get you a great rate.
Searching the internet is the best thing you can do when looking for a lender that can help you with your manufactured home mortgage but make sure … (3 comments)
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manufactured home loan refinance: Manufactured Home Loan Refinance Professionals - 09/07/07 06:37 AM
Obtaining a manufactured home loan refinance in California can be tricky. In fact financing one of these homnes in any state can be difficult. Especially if you hire someone to represent you that is unfamiliar with these types of properties. It's like hiring a divorce attorney to handle your bankruptcy. Not a good idea at all.
Many properties in our state are valued much higher than the rest of the nation because the land in worth much more in certain areas. Many lenders do not understand that these homes can be worth $300,000-$700,000. This can be true in many other states also … (0 comments)
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manufactured home loan refinance: Manufactured Home Loan Refinance Facts - 09/04/07 06:59 AM
Many homeowners do not understand the manufactured home loan refinance facts in today's mortgage market. Many lenders have stopped lending on these properties or they have tightened up their guidelines.
The first thing you need to determine is if you need cash out or you would just like to lower your rate. There are not a whole lot of cash out options available under Fannie Mae guidelines. The maximum cash out is 65% for a manufactured home on land and the maximum term is 20 years. Homeowners can go up to 95% loan to value for a rate and term refinance. Interest rates are typically … (0 comments)
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manufactured home loan refinance: Manufactured Home Loan Refinance Professionals - 06/19/07 08:49 AM
It's no secret that if your trying to obtain a manufactured home loan refinance that you have met with some difficulties along the way.
Guidelines have got tougher and qualifying for a mortgage is tougher than ever for borrowers. So I decided to lay outr some simple tips in locating a lender for a manufactured home.
Search the Internet for a company that specializes in manufactured homes.Type in keywords when searching like manufactured home loan refinance, bad credit manufactured home loans or the state first. For example California manufactured home loans.Do not go down to the local mortgage company because they most likely do not … (0 comments)
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