Mobile Home Refinance

Refinancing your home may be ideal if you have bad credit and don’t qualify for traditional loans. But what if you own a mobile home? You still have some options to refinance, but they differ from what you’d use to refinance a traditional home. Here’s what all mobile homeowners need to know. Research Your Options […]

According to manufacturedhousing.org, the manufactured housing industry produced almost 95,000 new homes in 2019. Approximately 10% are new single-family starter residences. About 63% of new manufactured homes are placed on private property, and 37% are in manufactured home communities. The average sales price of a new manufactured home without land is $78,500. There were 4.06

According to Reonomy, 17.7 million Americans live in mobile homes, equating to about 5.6% of the U.S. population. One would think that there was enough business there for banks to make refinancing a mobile home as simple as refinancing for a traditional site-built home.  On the contrary, though, refinancing a mobile home is not as

There are many reasons to refinance your home loan. Some common reasons are lowering your interest rate and monthly payment, renovating your home, consolidating high-interest debts, getting rid of mortgage insurance, or even buying an investment property. Make sure it is a sound reason to refinance your mobile home with cash out. Let us show

According to Freddie Mac’s Primary Market Mortgage Survey, there were about $1.6 trillion in first-lien refinance originations in the first half of 2021. This was a 33% increase in refinance activity compared to the first half of 2020. Borrowers who refinanced their first-lien mortgages in the first half of 2021 lowered their mortgage rate on