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Updated over 8 years ago on . Most recent reply

User Stats

12
Posts
3
Votes
Thomas B.
  • Darlington, SC
3
Votes |
12
Posts

Mobile Home Refi Question

Thomas B.
  • Darlington, SC
Posted

A little background - 

My personal residence is a doublewide mobile home. I'm in South Carolina. It does not have a title and is classified as real property. I own this property free and clear. I am thinking of doing a cash out refi or a HELOC on it to get some cash for investments. The property is probably worth 110k.

My questions - 

Does anyone know a lender that will do a cash out refi on a mobile home?

Is it a bad idea to pull money out of a primary residence for investment purposes? 

Most Popular Reply

User Stats

668
Posts
319
Votes
Andrew R. Lucas
  • Investor
  • Columbia, SC
319
Votes |
668
Posts
Andrew R. Lucas
  • Investor
  • Columbia, SC
Replied

I believe Arthur State Bank will do the mobile home as long as it is deeded. 

  • Andrew R. Lucas

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