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we have a current mortgage on a mobile home but we also have 5 acres of land tied in with it. is it possible to refinance or get a home equity loan or line of credit?

Posted on: 16th Sep, 2009 03:14 pm
double wide with 5 acres, can we get a home equity loan or line of credit?
hi jersyow,

due you have equity in the property? getting a refinance would depend upon the equity of the property. apart from this, your credit score and income are other aspects which would be checked by the lender before giving you a refinance. if your property has equity and if you have a credit score of around 740, it would be easier for you to get a refinance.
Posted on: 16th Sep, 2009 07:36 pm
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