Cash out refi on manufactured home

[Zacharee Carmack]

Hello,

I have a double wide Manufactured home that is currently rented long term. The original loan is a seller financed loan and has a HELOC on the property.

Im looking to cash out refi to buy out seller financed loan and wrap HELOC all into one.

Anyone have any banks or lenders that work things like this?

[Jonathan Lee]

Hi Zacharee,

There are definitely lenders that can help with your scenario. The key factors usually come down to whether the home is permanently affixed to the land, the age of the home, and the current value/equity position. If those line up, a cash-out refinance or DSCR-style loan can often accomplish exactly what you're describing.

I've worked with a large network of lenders nationwide and would be happy to take a look and point you in the right direction. Feel free to reach out to discuss further.