Thursday, June 7, 2012

What is the best way to refinance your mobile home loan ?

It is least expensive to refinance a mobile home loan directly with your original lender. When you refinance directly, the original lender is less likely to charge refinancing, prepayment or other penalties to your loan.
However, you may not always find the best refinancing offers through a direct refinance. If you are considering going with a third party, select a lender that is approved by the FHA for guaranteed manufactured home refinancing loans. Loans guaranteed by the FHA offer low rates, and they are excused from private mortgage insurance.




Ref : www.loan.com

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