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Updated over 2 years ago, 03/09/2022
Manufactured cash out
I have a manufactured home deeded to the land as an investment property. I own it free and clear and was looking to pull out some cash to reinvest. Anyone know of lenders to do a cash out or something similar?
@William Stewart Try checking around with some local mobile home dealerships or your manufactured housing association. They may have a few referrals for you. Also, you may want to contact local banks and credit unions. Hope that helps!
@William Stewart I'm in the same boat. I have a property that I want to do a cash out refi on. Mine is in NC. If you have any luck, let me know. I got all the way to the finish line with one lender, and they backed out last minute. I've called a lot of folks and working on additional inquiries. Some that I've found that do refinance will only do it on a personal property or second home.
Quote from @Marsay Winder:
@William Stewart I'm in the same boat. I have a property that I want to do a cash out refi on. Mine is in NC. If you have any luck, let me know. I got all the way to the finish line with one lender, and they backed out last minute. I've called a lot of folks and working on additional inquiries. Some that I've found that do refinance will only do it on a personal property or second home.
Built after 1976, you filed a 433 or we get you "doing" the process, own land, full doc, do have a few NonQM products as well, can do...