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2006 Mobile Home on Foundation Can it be used as Collateral for a Home Repair Loan

Posted on: 10th Oct, 2019 06:49 pm
My 2006 Mobile Home, a 3 BR, 2 bath, den/dining room combination with a Rock Fireplace (Propane Gas), living room, Kitchen and Laundry Room needs approximately $10,000.00 in repairs. The home sits on 3/4 acre of land and there isn't a mortgage on it or the land. The tax value is $75,000.00. Could I use it as collateral to obtain that loan?
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