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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.


Latest Refinance Second Mortgage News

"second mortgage"

You are currently following Edward Harrison I would say the stress tests were a mock exercise to instil confidence in the capital markets. This was important first and foremost because it would induce private investors to pay for bank ...

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On Fake Stress Tests and Coming Wave of Second Mortgage Writedowns - Seekingalpha.com

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Manufactured Home Refinance Feed


Getting mobile home loans with bad credit
LoanSafe
For those people put there with bad credit standing who wish to purchase or refinance a mobile home (assuming it's to be installed permanently and at the ...

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Warren Buffett on Housing
Wall Street Journal (blog)
(Industry output of manufactured homes has fallen from 382000 units in 1999 to 60000 units in 2009.) 1) Historically low housing starts (554000 units in ...

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Pegasus Resort and Casino site for sale
Las Vegas Business Press
Paradise Trails Mobile Home Park LLC acquired a $3 million, 10-year fixed rate loan to refinance the 18-year old, 136-pad Paradise Trails Mobile Home Park ...



Sky News

Virgin Media - Fourth Quarter 2009 Results
MarketWatch (press release)
We are constantly monitoring our capital structure and have stated that we would proactively look for opportunities to refinance shorter term debt. ...
Virgin Media - Fourth Quarter 2009 ResultsTMC Net

all 277 news articles »


ELS Presentation at Citi CEO Conference
StreetInsider.com (subscription)
... results from home sales and occupancy will continue to be impacted by local economic conditions, lack of affordable manufactured home financing and ...

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Still ringing
Asbury Park Press
The company faced the prospect of having to refinance $253.5 million in debt by the end of 2008 in the midst of a recession. Even Vonage officials warned ...

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FTC proposes rule to regulate mortgage assistance relief providers
Lexology (registration)
Thus, a dwelling loan would include a loan secured by an individual condominium unit, cooperative unit, mobile home or trailer, if used as a residence. ...



Budget 2010-2011: Pranab Mukherjee's speech
Moneycontrol.com
IIFCL has also been authorised to refinance bank lending to infrastructure projects. It has refinanced Rs.3000 crore during the current year and is expected ...

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US Stocks Pare Gains As Dollar Weakens, Materials Rebound
Wall Street Journal
One entity will include the telecommunications company's mobile devices and home businesses, and the other will include enterprise mobility solutions and ...

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Vonage Holdings Corp. Q4 2009 Earnings Call Transcript
Seeking Alpha (blog)
Customers who have both home and mobile services receive a discount on their monthly bill. Since launch, we've had more than 120000 downloads. ...


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