Posted on: 01st Sep, 2008 11:01 am
My mobile home was built in 1972 and I am having a very hard time finding somone to refinance my 2 mortgages. It had been totally redone and my appraisal was $85000. What can i do?
Welcome mccrock.
As far as I understand, refinancing a 1972 mobile home isn't possible as per the HUD property standards. You may refer to a similar discussion on pre-1976 mobile home loan refinance at http://www.mortgagefit.com/refinance/1973-mobilehome.html .
Thanks.
As far as I understand, refinancing a 1972 mobile home isn't possible as per the HUD property standards. You may refer to a similar discussion on pre-1976 mobile home loan refinance at http://www.mortgagefit.com/refinance/1973-mobilehome.html .
Thanks.
Hi mccrock !
Even I don't think that you will be able to refinance a 1972 mobile home.
Even I don't think that you will be able to refinance a 1972 mobile home.
You may be limited to a private hard money investor for your loan on that property.
I agree with chrisburn.
You have no other option left but to pay.
Just try that out.
All the best.
You have no other option left but to pay.
Just try that out.
All the best.
Look for lenders that specialize in this type of financing. It is not likely that a mortgage lender will do this.