need info on refinancing a 1990 mobile home that sits on land I own....any suggestions?

Answer 1

Ok, assuming you've done all the various things required to legally place the home on the land, you refinance it the same way you do any other house.

Some lenders will shy away from manufactured homes, but the larger ones do it all the time.

Start out where you do your banking. They know you and you're comfortable dealing with them.

If they can't or won't work with you, then check out lenders with local offices. I do NOT recommend going through internet lenders and out-of-state lenders (whatever state you're in).

The local folks can almost always at least match what the internet outfits can actually do (regardless of the claims they make) and having a real, live, local person to work with is very important when problems arise.

The internet folks will offer amazing rates, but for one reason or another, nobody ever seems to actually get those rates. (Sorry, Mr. Jones, but that rate is only available to left handed people over age 75, and must be cosigned by four living grandparents.)

Answer 2

You could have a hard time refinancing a 17 year old mobile home.