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mobile home paid off. refinance only 5 acre parcel? owe 35,000. value 68,000

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whitelightning824 Joined: 04 Oct 2008 Posts: 1 1.27 Dollars($)	Posted: Sat Oct 04, 2008 2:43 pm    Post subject: mobile home paid off. refinance only 5 acre parcel? owe 35,0 Like 0 Dislike 0 mobile home paid off. refinance only 5 acre parcel? owe 35,000. value 68,000...south of tucson, Az
Caron Moderator Joined: 19 Jul 2005 Posts: 1519 Location: florida 281.04 Dollars($)	Posted: Sun Oct 05, 2008 7:27 am    Post subject: Like 0 Dislike 0 Hi whitelightning, Welcome to our forums. You may be able to refinance your mobile home loan provided you have good credit and source of income. Also, your debt-to-income ratio should be around 36% if you'd like to avail a conventional loan at favorable rate. If you can give us some more details of your financial situation, it'll help us understand your situation better. You may also go for a no-obligation free mortgage quote from the lenders in this community. The quote that you get will help you understand what loan you may qualify for and at what rates they are available. Good luck _________________ Mortgage Shopping made easy with booklet

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