“Once, this Home was a Mobile Home, but NO More”
Over the years the home was completely transformed including full basement, in other words, no one would even know the home was originally a mobile home.
Pam and Earl went to refinance their three mortgages and get their monthly mortgage payment reduced. The bank they went to had an appraisal done and when the appraiser went to check on the town records, it was indicated this was a mobile home and the lender turned the loan down. They just don't lend on mobile homes.
The loan office from the bank sent these folks to me hoping I could help. When we originally spoke on the phone, I recommended that they contact the building department in their town. Ask them to change the designation from mobile to single family home, which they did.
We then did a new mortgage application and had a new appraisal done, which came back as a single family home. The best part of the entire feel good story.
We saved them $700 per month.
They also referred friends that are shopping for a home. I’ve already handled the preapproval.
image courtesy of ponsulak/freedigitalphotos.net
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