why is it so hard to refinance a manufactured home?

Vianna E asked:


Still being manufactured or caravans, so why is so hard to get funded again once they are available and feature as a permanent home?

Mildred

Tags: Manufactured Home, Mobile Homes, Refinance

This entry was posted on Thursday, June 25th, 2009 at 4:46 pm and is filed under Refinance. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

4 Responses to “why is it so hard to refinance a manufactured home?”

1. acermill Says:
   June 26th, 2009 at 4:30 pm

   The backside when these properties end up in the backside when these properties end up in value nearly as well as well as well as well as well as well as well as do not tend to increase in foreclosure.

2. bostonianinmo Says:
   June 29th, 2009 at 10:03 pm

   The refinancing issue.

3. chris l Says:
   June 30th, 2009 at 2:53 pm

   they actually decrease in value. they are also hard to insure. its just another scam by banks and insurance co.

4. Ron B Says:
   July 1st, 2009 at 8:44 pm

   The same area so there are higher risk related first they require higher interest rate and lower ltv.