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Using Mobile Home for Coladarol

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Dawn Wilk

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Post Posted: Mon Aug 03, 2009 12:51 pm    Post subject: Using Mobile Home for Coladarol
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Is their a company out there that uses moilbe homes for colatarol??
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Dawn Wilk

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Post Posted: Mon Aug 03, 2009 1:11 pm    Post subject: Cash out
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I need to know if there is a lender out there that will do a cash out loan so that I can use my house as leverage. The house is paid off.

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Icon Mini Profile jameshogg
jameshogg




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Location: Nevada
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Post Posted: Mon Aug 03, 2009 6:54 pm    Post subject:
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Hi Dawn,

Mobile homes can be used as a collateral to get loans. You can contact your local lenders and check out if they are ready to give you a loan on it. If you do not meet the required criteria for getting mobile home loans, you can look out for personal loans. These loans are available with the retailers who sell mobile homes. However, you should note that these loans are available at a higher rate of interest.

Thanks
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