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About Manufactured Home Refinance

The manufactured homes (also known as premanufactured or prefabricated homes) are the residences that are constructed entirely in a factory and later they are transported to the site where they will be inhabited. Although these homes are almost totally immovable, still some will refer to these true homes as being like “trailers.” Due to this and other stereotypes that dismiss the structural soundness and permanance of today's manufactured homes, it is often impossible to obtain a current mortgage or to obtain manufactured home refinance or to refinance a prefabricated house. Lenders have a variety of reasons for which they choose not to finance these residences, but the good news for owners of newer manufactured homes is that recent legislation has been approved for in-park manufactured home owners and buyers that make refinancing a manufactured home a much easier process.

Manufactured home refinance is a unique aspect of mortgage refinancing and it takes a company that understands this market to properly serve homeowners. Be sure to research qualified professionals who have the experience and expertise to refinance prefabricated and manufactured homes. Refinancing your home loan is the smart way to save thousands of dollars and generate additional cash reserves for improvements on your newly financed home and property.

Once you find a bank or private lender offering manufactured house refinancing, research all of their mortgage services and related refinance fees and closing costs. It is possible to find an affordable loan from a lender specializing in manufactured home refinance and mobile home financing to help you refinance your manufactured home loan. By choosing a manufactured home refinance loan with a shorter term, you can save thousands of dollars in interest, because you'll be paying off your refinance loan sooner, and because home refinancing institutions typically offer better interest rates on shorter-term loans for manufactured home refinance.


Manufactured Home Refinance News


Obama Outlines New Housing Refinance Plan
ABC News (blog)
“This housing crisis struck right at the heart of what it means to be middle-class in America: our home,” the president said in a speech at a community center in Falls Church, Va. “It's personal. It affects so much of how people feel about their lives, ...

and more »


Just a hand
News & Observer
This idea, to allow refinancing through federally insured loans, would offer at least a little ease to homeowners who are struggling, successfully, to keep up with payments on home loans that are "underwater," meaning the balance is greater than what ...

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Refinancing your mortgage in uncertain financial times
Chicago Parent
That's good news for homeowners with decent credit and equity in their homes, who could save hundreds of dollars every month by refinancing. Because refinancing can save borrowers thousands over the term of their mortgages, you may think locking in a ...

and more »


Homes, Not Tents, For Occupy Bernal: Feisty San Francisco Neighborhood Fights ...
Huffington Post
Thomas German, born in Mobile, Alabama, in1940, had found employment as a die setter at the San Francisco Mint after serving in the US Navy and rented a home in Bernal in 1967. In 1974, after living in the neighborhood for some years, he decided to ...

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Peek Inside: Sound Credit Union's Marketing Department
The Financial Brand
First, from a sheer results standpoint, we recently introduced a re-purposed home equity product as a no-fee, mortgage refinance option. The target audience was people who had about 15 years or less left on their mortgage, who wanted to take advantage ...



TIME

What Michelle Obama's guests tell us about the State of the Union
Washington Post (blog)
There's Joan Milligan of Orlando, Florida, who staved off foreclosure by refinancing her mortgage through the HARP program, which Obama wants to expand. There's also Mike Krieger, an immigrant from Brazil who went on to found the ever-popular Instagram ...
Michelle Obama's State of the Union guest list releasedCBS News

all 21 news articles »


Timely New FreeScore.com Commercials Aimed at Helping House Hunters
MarketWatch (press release)
NORWALK, Conn., Jan 26, 2012 (BUSINESS WIRE) -- Low mortgage rates, elimination of a minimum credit score requirement for some refinancing by Freddie Mac, and The Obama Administration's announced program, Making Home Affordable, have set the table for ...

and more »


Fiserv's CEO Discusses Q4 2011 Results - Earnings Call Transcript
Seeking Alpha
To access those materials, go to the company's website and click on the Access Presentation link on the home page. [Operator Instructions] Now I will turn the call over to Peter Holbrook, Vice President of Investor Relations at Fiserv.

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USA TODAY

Warren Buffett's secretary to join first lady at State of the Union address
Fox News (blog)
Faced with losing their home, President Obama's Home Affordable Refinance Program (HARP) allowed Joan and her husband to refinance their existing loan when other means of refinancing were not open to them. As Mrs. Milligan has said, “I can't believe ...
Obama's guests to help illustrate SOTU speechTucson Citizen

all 12,768 news articles »


Interest rates drop, stimulate mortgage application volume
AGBeat
The increase was due mostly in part to a surge in refinancing demand. The MBA's seasonally adjusted index of refinancing applications rose 26.4 percent, while the volume of new loan requests for home purchases jumped 10.3 percent.

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