blanket mortgage

Posted: Mon Jul 18, 2005 7:56 pm Post subject: blanket mortgage

i have a mobile home and have been trying to sell it for 3 years i would like to buy a house and combine my mobile home mortgage and new home mortgage together i want to know if you know how and if it can be done if the new home appraises for more then it is being sold.

Jessica · Posted: Mon Jul 18, 2005 10:40 pm Post subject: RE:

Hi Guest

Welcome to MortgageFit forum.

You can obviously combine the two mortgages even if the appraised value of your new home is greater than the sale price of the mobile home. You can apply for a blanket mortgage which will allow you to combine the two mortgages into a single mortgage keeping the two properties as collateral.

A blanket mortgage does not depend on whether the appraised value of the new home exceeds the sale price of your mobile home. So you can easily proceed further.

Hope you will find this information useful. For further reference, go through http://www.mortgagefit.com/blanket-mortgage.html

Please write back if you have any other query. Also get yourself registered at http://www.mortgagefit.com/signup/ to avail free consultation on further queries.

Regards
Jessica.

Guest

i was wondering do you know anybody who does them and will do it for a mobile home?

Sam · Last edited by Sam on Mon Jul 25, 2005 3:37 am

Hi Rachel,

Welcome to MortgageFit forum.

We have some tieups with the best lenders in the business. Sign up with us at http://www.mortgagefit.com/signup/ . We will provide you their details which will allow you to choose the best as per your suitability.

Please feel free to send us your feedback.

Regards
Sam

Guest

thats just it i don't want to put my info in there and have fifty mortgage people calling me i have a cell phone with so many minutes i can't afford to go over the usually cell phone battle. anyway and i don't want a bunch of junk in my email either when most of the callers or email are just to get you to pre approve and my credit is excellent i don't need to pre approve so thank you for your help but i will get some info somewhere i can talk to someone thats interested in helping instead getting money for me signing up and pre approving for something that i don't need. i have tried signing up before about 2 months ago and blanket mortgage isn't one of your options.

Sam · Last edited by Sam on Mon Jul 25, 2005 3:37 am

Hi Rachel

Its good to hear that you have got excellent credit rating.

As far as signing up with us is concerned, its absolutely free, our main goal is to make a financially sound country.

The services and solution which we provide comes with no charge as we have always tried to build a community where people can live a stress free life. Our intention is not to extarct money from our customers.

We have contacts with the best lenders in the country they are experts in handling clients like you.

A blanket mortgage is not the only one in which we specialize. We deal with a variety of loans.

However in the near future, if you really feel that you need our help, it will be our pleasure to serve you.

Regards
Sam

Posted: Sat Jul 23, 2005 2:30 am Post subject: Re

Hi, I also need to know about blanket mortgage, any help will be highly appreciated.

Jessica · Posted: Sat Jul 23, 2005 2:59 am Post subject: RE:

Hi Guest

Welcome to MortgageFit forum.

A blanket mortgage is a kind of mortgage which the loan is offered against more than one property, held as the collateral at the same time.

The mortgage can be used in developing the property and also for construction purposes. Moreover the mortgage offers a partial release clause which allows a borrower to sell a property. But he needs pay off a certain part of the debt.

However it depends on the lender whether he will charge a fee at closing for including the partial release clause in the mortgage.

Hope you will be benefited from this information. For further reference, go through http://www.mortgagefit.com/blanket-mortgage.html.

Also get yourself registered at http://www.mortgagefit.com/signup/ to avail free consultation on further queries.

Regards,
Jessica.

Guest

you may not charge me directly but there is a profit for me signing up on your site thats why they always want you to sign up and a blanket mortgage is what i need no to sign up and have everyone contacting me then to find out they don't do them is a waist of time. i want someone directly that i know does them.
thank you

Sam · Posted: Mon Jul 25, 2005 3:37 am Post subject: RE

Hi Rachel

It always adds up to the knowledge while interacting people like you. As of now you may not agree to my cause, but still it will be a pleasure to serve you.

I will try to arrange the contact details of some blanket mortgage lenders. I will mention their details in the post itself so that you can choose as per your requirements.

Thanks once again,

Sam

Guest

thank you for your time but somebody has beat you to it.

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