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Updated almost 7 years ago on . Most recent reply

User Stats

212
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182
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Allan Bishop Jr.
  • Rental Property Investor
  • Harker Heights, TX
182
Votes |
212
Posts

Mobile Home Refi Recommendations

Allan Bishop Jr.
  • Rental Property Investor
  • Harker Heights, TX
Posted

I am looking for recommendations to refinance a single wide mobile home that is located in a park. 

It's tenant occupied. Currently mortgaged with 21st Century at 10.74%. Should be paid off in nine years. They can refi but it wouldn't even drop a one percent APR.

Don’t want to move it out of the park right now but I have considered it. I have looked into selling it every one or two years during tenant turnover (no luck). I raise the rent as much as I can and now I’m working to cut expenses.

I’ve been gathering a list of companies just looking to see if anyone has had any positive experiences.

Thank you!

  • Allan Bishop Jr.
  • [email protected]
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