an equity line of credit of about 10,000. We have good credit but have a bankruptcy on our credit from about 3 years ago. I know that is bad but other than that everything lookd really good. Our credit score is right below 700. No one wants to help us because our home is considered a mobile home. It's bricked and considered real property. Who should we ask? Has anyone out there who has a mobile home got an equity lline of credit? Please tell me with who you did so we can call them. A direct e-mail to the company would be great too. Any suggestions? Thanks
2007-06-11 06:46:20 · 4 answers · asked by justwondering 2 in Business & Finance ➔ Credit
no it's not on rental property, we own a few acres, our mortage is with a reputable company known world wide (I won't say the name). were not in a trailor park or anything, we are in a nice community with mostly all "stick built" homes, brick and whatnot.
2007-06-11 16:16:38 · update #1
Go to your local banker and take a loan on the land and the mobile home as a whole.
Good Luck!
2007-06-16 09:22:24 · answer #1 · answered by Miss Know It All 6 · 2⤊ 0⤋
At suitable you would be able to get the agent on ethics violations in case you may instruct they the place giving criminal suggestion as against their lay individual opinion on what the lender would or won't do yet in the tip you signed the residing house fairness paper artwork you're legally responsible to comprehend the contents while you're questioning you may sue the agent for the fee of the fairness line due and owing sturdy success on that one
2016-11-10 02:56:48 · answer #2 · answered by ? 4 · 0⤊ 0⤋
The problem is more likely with how much you owe compared to how much it is worth. Most mobiles to not have a traditional mortgage but one similar to a car loan, if it is on rented property another downfall, and reduction in it's worth. They like a car if on rented property drop in value and not appreciate like a regular home.
2007-06-11 11:23:07 · answer #3 · answered by Pengy 7 · 0⤊ 0⤋
There are many questions that need to be answered before I can tell you what is actually happening re your situation. If you're serious, you can contact my office and we can chat about the specifics. There's an e-mail link at my web-site and our telephone number. We fund in all 50 states and we are very creative in getting deals done.
2007-06-18 02:40:30 · answer #4 · answered by Donald C 2 · 0⤊ 0⤋