Manufactured home refinancing | refinancing loan request for manufactured home refinancing customers looking to achieve real savings with a home loan. |
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Manufactured Home Refinancing Loan Should You Refinance Now? You're in the Right Place! To the well-informed homeowner, refinancing your manufactured home loan is almost irresistible considering rates at historic lows. You know all the good reasons. Keep your payments stable with a fixed-rate loan Lower your interest rate Get cash out from your home’s equity Consolidate debt But how do you know if manufactured home refinancing or a particular loan product is right for you? Let us cut through some of the confusion for you with some typical examples that generally apply. If you plan to stay in your home less than five years, a 5/1 year adjustable will get you a rate well below those of fixed rate mortgages. Just be sure you can take the risk of the possibility of future higher rates and monthly payments after the initial term. Another example pertains to the homeowner who’s been paying on the mortgage for seven or more years on a 25-year fixed rate mortgage. Consider a rate and term refinance for a 10 or 15 year loan term. Obviously, you’ll pay off your home sooner and the shorter the term the lower the interest rate. And you'll save interest expense! If you need extra cash for debt consolidation, major expenses or any other purpose, we offer a number of options: Cash out Refinance Manufactured Home or Home Equity Line of Credit (HELOC second mortgage) will secure cash you need up to the total loan cap. |
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Mobile Home Refinancing Loan Rates are the lowest they've been in close to 30 years. Refinance now to get a lower rate, turn your adjustable into a fixed rate and get cash out! |
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