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In WIsconsin can you get a 30 year loan on a manufactured home on land

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Icon Mini Profile jodydebc





Joined: 01 Oct 2010

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Post Posted: Fri Oct 01, 2010 4:32 pm    Post subject: In WIsconsin can you get a 30 year loan on a manufactured ho
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Have a manufactured home on full basement The home is in wisconsin can you refiance for 30 years?
Icon Mini Profile jerry
jerry
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Location: MICHIGAN
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Post Posted: Sat Oct 02, 2010 5:31 am    Post subject:
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Hi jodydebc,

You'll have to check out whether or not there is equity in the property. If there is no equity, then the lender's will not be ready to give you a mortgage refinance. If there is equity, then you can contact your present lender and apply for a mortgage refinance. However, it's not mandatory to refinance with the same lender. You can even contact other local lenders and apply for a home loan refinance.

Thanks,

Jerry
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