Refinance your Mobile or Manufactured home refinance

Mobile Home Refinance California

With manufactured mortgage interest rates at all-time lows, it’s a great time to refinance your manufactured home. Lower your monthly payments or  shorten the life of your loan with a lower interest rate.

Why should I refinance my Manufactured Home?

manufactured_home_loans_californiaShould I consider refinancing my mobile or manufactured home loan? Perhaps your monthly payments are manageable. Here are four reasons why:

1) To get a lower interest rate. This will lower your monthly payments and you will pay less over the time of the loan.

2) You may have an adjustable rate.

3) You may want to shorten the term of your loan.

4) To add or remove a spouse or co-applicant.

Do any of these reasons apply to you? 


How does the manufactured, mobile home refinance process work?

How much documentation will I need?

Every situation is different. We will provide to you a list of the documentation you need.

What is homeowner’s insurance?
Under new federal regulations, homeowner’s insurance premiums will be escrowed.

How does a refinance closing work?
It works similar to a purchase.

When trying to refinance, don’t add to your debt?
If you increase your debt by financing a new car, boat, furniture or other large purchase, it may prevent you from qualifying.

What will my closing costs be?
The lender determines the fees and commissions that will be required of you at closing. Be sure to ask for a breakdown of what these costs will be.

How long will I be guaranteed the quoted interest rate?
Your approval letter will state how long your rate can be locked.

How long will the approval take?
It can vary.
Does the loan have a prepayment penalty?



Lowering Your Mortgage Payment is Very Beneficial to You and Easy with Us