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We currently own a mobile home free and clear. We do not own the land. The home was built in 2006 and is worth about 50K. This is not our primary residence. Can we borrow against our mobile home?

adonis · Posted: Thu Aug 20, 2009 7:42 pm Post subject:

Hi Renai,

As the property is free and clear, you can definitely borrow against your mobile home. Check out the rates and terms available in the market from your local lenders. Alternatively, you can also seek a no obligation free mortgage quote from the lenders of this community and get to know the rates and terms available in the market right now.

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