Posted on: 03rd Jan, 2011 03:15 am
i am looking to get a mortage loan on a mobile home and waterfront property i have an existing loan of 17000.00 on the mobile i want to purchase the land it is on the value of the mobil and land would be 100000.00 i need 67000.00
looking for a loan
hi frank!
welcome to forums!
if you have equity in your mobile home, then you can refinance that loan in order to get a cash out refinance. you can use the cash out amount in order to buy the land.
feel free to ask if you've further queries.
sussane
welcome to forums!
if you have equity in your mobile home, then you can refinance that loan in order to get a cash out refinance. you can use the cash out amount in order to buy the land.
feel free to ask if you've further queries.
sussane