Home arrow Mortgage Forums arrow Looking for Mortgage again arrow

Refinance

Author Message
Icon Mini Profile tcook2





Joined: 03 Feb 2010

Posts: 1

1.45 Dollars($)
Post Posted: Wed Feb 03, 2010 9:49 am    Post subject: Refinance
Like 0
Dislike 0

My husband and I currently have a FHA loan at 7 1/2%. We have been trying since June 2009 to get a refinance with cash out to pay off debt. The company we have been working with since August told us that they would be able to help us. We went through all processes; loan application, appraisal, engineering certificate, etc to find out months later that every investor in the country changed the policies on manufactured housing at the time we starting working with him. However he stated that he would still try and help to see if we could just get a rate/term refinance. Dec 2009 he was still looking for an investor, as of Monday Feb 01, 2010 he is stating that no one will refinance on a Mobile/Manufactured Home. My husband and I are exhausted by all of this. We were approve at 5 %, with $30,000.00 cash out for 20 years and now they are stating (almost 6 months later) that we can't even get rate/term refinance. Is this something your company could do for my husband and I? Have the policies changed? Please help.
Icon Mini Profile SSPINGARN





Joined: 30 Apr 2009

Posts: 96
Location: MATAWAN NJ
16.95 Dollars($)
Post Posted: Sun Feb 07, 2010 10:24 am    Post subject:
Like 0
Dislike 0

is it a true mobile home or not if it is not in a park and is nor registered with motor vehicles you should be ok a true manufactured home is built some where else and brought to the site and put the pieces together. mobile home are tough
_________________
SCOTT SPINGARN
BRANCH PARTNER
RBI HOME LOANS
732-290-1888
WWW.RBILOANS.COM
Icon Mini Profile riseabove





Joined: 09 Nov 2009

Posts: 277

11.01 Dollars($)
Post Posted: Sun Feb 07, 2010 8:50 pm    Post subject:
Like 0
Dislike 0

If you're looking for mobile home (re)finance, you can get quotes for this from online elnders pretty simply. There's a site in my sig that can probably help you - MortgageRefinanceLowRate.net

just look for the drop down box and select Mobile Homes and go from there. If nothing else it'll give you options. good luck.

_________________
Instant mortgage quotes available online
Low rate mortgage refinance
Latest Florida mortgage rates
Quick Reply
Your Name
Subject
Image Verification


Can't read the image? click here to refresh
Message body

All times are GMT - 7 Hours
Page 1 of 1

 
Highlights
Bookmark this page
Share |

Helpful References
Mortgage Guide
Mortgage Terms
Mortgage News
Book Center
Shop and Compare lenders
30 Yr. Fixed Vs. 5/1 ARM


Calculators     [View all]
Are you eligible for loan?
How much you can afford?
Calculate monthly payment
Calculate APR


Financial Tools
Credit Repair Tool New
Mortgage Planner
Simple Budgeting Tool


Our Community
MortgageFit Blog
Community Professionals
Community Rewards
Introduce yourself
Website tools


Community Rewards
Five simple ways to earn money with the Mortgage Community.

MortgageFit on Twitter

Followers (265)








Community Chat

We have chosen to apply the Creative Commons Attribution License to all works we publish. This work is licensed under cc by 2.0
Page loaded in 21.076 seconds.