Posted on: 18th Sep, 2009 04:38 pm
mobile home refinance loans, what rates and can we take cash out at the refinance?
Please check with some of the loan officers of this forum
Hi bobbyandchelsea!
Welcome to forums!
You can contact your current lender and apply for a refinance. However, just note that in order to get a refinance, you should have equity in the property. Moreover, you haven't mentioned anything about your credit score. You should have a credit score of 740+ in order to get a conventional loan. As far as rates are concerned, it changes on a daily basis.
You can even speak to the lenders of this community and seek a no obligation free mortgage consultation from them. This will help you in knowing the present rates and terms prevailing in the market. Also, you would come to know whether or not, you would be able to qualify for a refinance.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
You can contact your current lender and apply for a refinance. However, just note that in order to get a refinance, you should have equity in the property. Moreover, you haven't mentioned anything about your credit score. You should have a credit score of 740+ in order to get a conventional loan. As far as rates are concerned, it changes on a daily basis.
You can even speak to the lenders of this community and seek a no obligation free mortgage consultation from them. This will help you in knowing the present rates and terms prevailing in the market. Also, you would come to know whether or not, you would be able to qualify for a refinance.
Feel free to ask if you've further queries.
Sussane