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Financing is challenging for any homeowner, and that’s especially true when it comes to mobile homes and some manufactured homes. These loans aren’t as plentiful as standard home loans, but they are available from several sources and government-backed loan programs can make it easier to qualify and keep costs low.
Borrow Money Against Mobile Home | Mortgagelendersinpennsylvania – – Budgeting Money – A title loan is one that is backed by some asset as collateral, which in this case would be your mobile home. This means that if you default on that loan, the lender can take your mobile home from you. The 7 Smartest Ways to Borrow – There are a couple of situations when borrowing money is appropriate. One, when it’s.
Can mobile home be used as collateral to get personal loan. – You can try American General for a personal loan using the mobile home as collateral. I know a long time ago Beneficial and Household Finance Corp. used to take securtize personal loans against mobile homes. You may have to find a mobile home lender that will lien your mobile home. There are some out there but they do require a higher credit score.
Title loans on mobile homes – BiggerPockets – An individual came to me recently looking to borrow $500 and he has a free and clear mobile home. I told him I would let him borrow the money if I could put a lien on his mobile home. Anyone know exactly how to do this. In addition, this gave me a good business idea. Title loans on mobile homes (you see them all the time for cars why not mobile.
Your home equity may be rising, but it’s harder to borrow against it – WASHINGTON – Alicia Johnson and her husband wanted to renovate their home last fall but ran into a roadblock: When they tried to refinance their mortgage and borrow against their equity. Banks now.