Mobile Home Lenders
Mobile Home refinancing?
I have a clear title to a mobile home, that is part of land.,
which I still have a loan on. The home and land were originally purchased separatly. Are there any lenders in Texas that will
refi my current loan.
Depends. If you have a decent credit score and the LTV (Loan to Value) on the entire property (land + mobile home) does not exceed 80% for regular refi or 90% rate and term (NO CASH OUT). Also depends on the age of the MH – singlewide vs. double. many lenders today, just do doubles or bigger and 1994 or newer.
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