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Manufactured Homes

This is a topic titled Manufactured Homes made in the Mortgage Talk section, belongs to our Mortgage Chat category; I have gone through 9 mortgage brokers to try and refinance, with cash out, my Manufactured home (on cement runners - permanently afixed to the real estate - no stemwall) appraised at $...








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Old September 13th, 2008, 03:31 AM   #1
Mike
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Registered: Apr 2008
Posts: 1,497
Default Manufactured Homes

I have gone through 9 mortgage brokers to try and refinance, with cash out, my Manufactured home (on cement runners - permanently afixed to the real estate - no stemwall) appraised at $250K and I owe $110K. I have now paid for two appraisals and then the brokers never call me back. My credit score is outstanding. I have recently heard that a manufactured home owner cannot get the 80% ruling as other home owners. What is the deal?
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