Compare Mortgage Quotes

tcook2 · Joined: 03 Feb 2010 Posts: 1 1.45 Dollars($)

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.

SSPINGARN · Posted: Sun Feb 07, 2010 10:24 am Post subject:

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

riseabove · Joined: 09 Nov 2009 Posts: 277 11.01 Dollars($)

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.

Company	Loan Type	APR	Est. Pmt.
				Go
				Go
				Go
				Go
				Go
				Go

Property State:
Property Type:
Credit Rating:

All times are GMT - 7 Hours

Page 1 of 1