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Manufactured Home Refinancing

Sometimes refinancing is done even if you are completely happy with your loan and its terms in order to fund large purchases. For example, you may want to refinance if you are interest in:

  • Buying a car
  • Paying college tuition
  • Starting a home improvement project
  • Consolidating debt

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Deciding whether or not refinancing is worthwhile can be fairly simple. Most lenders will tell you that lowering your mortgage rate by 2% or more can save you a substantial amount of money, enough money in fact to justify refinancing your home loan. Also, if your loan term is too long or your monthly payments too low, regardless of a change in interest rate, refinancing may help your financial situation.

Refinancing pays off your current loan and allows you to take out a new, improved loan, even at a higher amount, in order to alter the repayment schedule of the loan or to fund large purchases. The purpose is generally to pay lower monthly payments at a lower interest rate and can be a great option for many people. If you are unhappy with your loan, are interested in a lower rate, or need to make a large purchase, apply online to contact up to four lenders about refinancing your manufactured home.

Low interest rates have prompted many homeowners to refinance their mortgages. If you have a manufactured home, you may have been looking into refinancing as well. In park or leased land mobile homes are both eligible for refinancing. If you are unsatisfied with your loan term or mortgage rate, now is the time to refinance in order to get the loan that is perfect for you and your finances. Fill out our free short form to contact up to four lenders about refinancing your mobile home.

 


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  Need Cash? Considering a Home Equity Loan? Why not get cash out from your equity and refinance in one process. Select ‘Refinance’ on the application and specify your ‘Cash-Out’.
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If rates have dropped more than a single percent since your home loan was established, it may be time for you to refinance again if you are planning to stay in your home. Refinancing now can save you a bundle later… Mortgage brokers make finding loans to suit individual needs their business. Experienced mortgage brokers can obtain good interest rates from banks for your credit history and debt to income ratio… Todays interest rates are at lows that for good credit consumers beat most all other forms of credit when it comes to the rates you can get on a loan the size of a typical mortgage. For this reason, refinancing and debt consolidation business is booming…
Mortgage lenders connected to borrowers through our network are experienced in dealing with the entire spectrum of borrower needs. A mortgage broker licensed in your area with expertise in lending will help you throught the entire loan process… A loan calculator is the first place to look when you are considering a new home loan. If you are buying a home the best thing to know right off is how much your monthly payments will be. If they are affordable the next step is to contact a mortgage broker…

Mortgage refinancing is a great way to save on interest if rates have dropped by around 2% since the time of your first mortgage. You may also be unhappy with the term (length) of your mortgage and choose to refinance…

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