I only owe k on a mortgage of 9.75% interest. How should I pay it off quickly? The company who owns my mortgage won’t refinance nor will a bank or credit union because it is an older mobile home. The plan was to buy this property, remove the mobile home & replace it with a new home (stick or mfh). However, I did not realize this mortgage had to be paid in full before I could start the construction project. Ooops!
What options do I have? What would you do? Borrow from a 401k? Get a Signature loan at a lower interest rate? or ???

Technorati Tags: 401k, construction project, home amp, interest rate, mobile home, mortgage, signature loan

When I first bought the property it seemed like a great idea , it was different back then when I bought it(11 years). We’ve tried multiple times to refinance our property but was rejected, sometimes we would get letters claiming that they would try to "Help us" but everytime we’ve called to discuss our situation , it all ends in the same outcome , we don’t qualify. My wife filed bankrupsy years ago , and it has just been getting worse and harder to keep up with the bills. I’m retired(used to build houses,landscaping etc) and its hard to find a job , my wife is the only one who works(Manager at crackerbarrel) and my kids have jobs too. It is really killing us , our morgage is 700 a month and the property was priced at 65K when I first made the down payment 11 years ago , it included 10 acres a mobile home and a modular home. Were going to end up losing our property if we don’t find any alternatives to refinance or get out of our predicament. I can’t even get my teeth fixed because of it I’ve been sick for years because I was thinking of the children and our situation(I have had many pulled). I’ve looked at sites with homes for sale and it just makes me sick comparing the interest rate of properties(100k house with lower interest rates than ours) and I don’t understand why we can’t refinance our property. All the letters they’ve sent us stating that they could help us is just a saftey measure to cover they’re backs and it just ticks me off. Can you please tell me of any alternative companies to finance with or any way to get out of our situation. I would most appreciate all the help I can recieve. Thank you.

Technorati Tags: 11 years, bankrupsy, crackerbarrel, homes for sale, interest rate, interest rates, job, jobs, mobile home, modular home, morgage, multiple times, predicament, teeth

I am totally confused – went thru a divorce and my ex had handled all this stuff. Now I am finding a title to our house (mobile home) that still lists the 1st leinholder as the secured party, we had refinanced in 2003. the new lender is nowhere on the title I have in my hands — is this wrong? how would I fix it?
I am totally confused – went thru a divorce and my ex had handled all this stuff. Now I am finding a title to our house (mobile home) that still lists the 1st leinholder as the secured party, we had refinanced in 2003. the new lender is nowhere on the title I have in my hands — is this wrong? how would I fix it?

To make it more confusing the first bank has gone bankrupt, and is no longer in existence. My ex signed the title i have in possession over to me.

Technorati Tags: divorce, existence, leinholder, mobile home, possession

We have found the perfect home (brick ranch 3 bed, 2 bath) It is in the perfect location as well. Asking price in only ,400 – It is a foreclosure home, and it will be going up for auction in 15 days, unless we can buy it before then.

So here is the deal. My husband has really bad credit. Reason, his ex-wife got their former marital home in 1999. She was told to get the mortgage out of his name, and to make all the payments on time so not to hurt his credit, but didn’t. In 2005 she was finally ordered to sell the house, using a real estate agent, signs, newspaper adverts etc. AND to make the mortgage payments on time so as to not effect his credit negatively. She didn’t do any of that. She rented the place out from day one, pocketed most of the money and only sent in a mortgage payment when threatened. This already effected his credit. Then in 2007 she just up and decided she didn’t want anything else to do with the home and had it foreclosed on.

Due to ongoing court battles, over his ex-wife’s refusal to comply to any court orders (ie custody etc.) my husband took out a band aid loan (mortgage) in 2003 (to pay attorney’s fees), which was on a fixed rate for the first 4 years, after which we planned to refinance in to another fixed mortgage. However, since his former marital home was in his name, and she had it foreclosed on, she had ruined his credit. As a main bread winner, as my income was not enough to qualify for a mortgage, and his credit was ruined, and no one would even consider giving us credit. Our house payment went from 0 – 0 overnight. The loan was compliments of "Ameriquest" sold to "Coutrywide" A few months later we lost our home.

When we lost out home we could not find another in the same area we had lived in. We were thus forced to move a great distance, and had to find new work. As a cascade effect of all of this, which started with his ex wife, we had to file bankruptcy in 2008, and we didn’t even have enough money left to finish that up.

Bottom line is this. We want nothing more then to have our own little house and make affordable house payments for about 15 years. However, due to our bad credit rating no one wants to help. We can prove all I have just said. Due to lack of funds we can’t hire an attorney to take his ex. back to court. Even if we did, it would be like beating a dead horse…. her new husband would hire a lawyer to draw this out and file excuses etc. etc…. we wouldn’t see much money, if any.

So, having explained all of this, I want to add that my husband has a great work history and has been at his current job for 3 years now. We have lived in our current rental (mobile) home for over 2 years now, and can provide excellent references as far being good tenants. Question is, who would give us a mortgage for that small amount. Bonus here is that the house is actually worth ,000 given the area and all. This is such an incredible opportunity that we just don’t want to loose this chance to own our own house again.

Where could we turn to get this small mortgage for this home? We have a small down payment of 00 to boot. Any suggestions are greatly appreciated.

Technorati Tags: ameriquest, asking price, band aid, bankruptcy, bread winner, brick ranch, cascade effect, compliments, court battles, coutrywide, enough money, fixed mortgage, fixed rate, foreclosure, great distance, loan mortgage, mortgage payment, mortgage payments, perfect home, real estate agent

Can someone please summarize the instructions for lines 10-14? Here’s the website:

http://www.irs.gov/pub/irs-pdf/i1040sca.pdf

I summarized if, yet it is too long

Line 10
A home. Ex. House, condo, cooperative, mobile home, boat, etc.
Has to include sleeping space, bathroom, or kitchen area.
Mortgage is any loan that is secured by the main home, or second home. It can include 1st and 2nd mortgage and home equity loans and refinance mortgages.
How to enter
Enter the mortgage interest and points recorded on form 1098.
If it shows any refund, don’t reduce your deduction.
If you paid more interest, see publication 936 to see if you can deduct your additional interest.
Line 11
If you and one other person reliable for the mortgage and the interest is recorded on form 1098 for the other person, record your share of interest on line 11.
 If you did not receive the form from the recepient, then use Line 11
If you bought a house from the recepient, you need their name, social security number, and address.
If not, you have to pay a fine
Line 12
This is all your points not recorded on form 1098
Points you paid are only deductable over the life of the loan.
You must deduct points you paid to refinance a mortgage over the life of the loan.
If you use the money to improve your home, you could possibly deduct the payments depending on what year it was paid.
Line 13
Mortgage Insurance Premium
Qualified mortgage insurance provided by the department of veterans affairs the federal housing administration or the global housing service.
There is a limit on the amount you can deduct:
You cannot deduct money if your mortgage insurance premium is 9,000 or ,500
If your insurance premium is more than 0,000 or ,000 if married filing separately, your deduction is limited.
Line 14
Investment interest is a tax on loans but only the loans that are used for mortgage.
You are required to fill out form 4952 unless if all three of these exceptions apply:
Your investment interest is not more than your investment income.
You don’t have any other deductible investment expenses.
You have no disallowed investment expense from the previous year.

Technorati Tags: department of veterans affairs, federal housing administration, form 1098, form 4952, gov pub, home boat, home equity loans, housing service, investment interest, kitchen area, mobile home, mortgage insurance premium, mortgage interest, name social security, person record, publication 936, recepient, social security, social security number, www irs gov

We own a 1998 double wide on a crawl space with half an acre of land free and clear, and need to borrow around ,000 on it. Are there any banks that would offer a home equity loan on it? Or what about a refinance? I don’t want to have to pay a ton of closing costs on 000.

Technorati Tags: acre of land, banks, closing costs, crawl space, home equity loan

Originally, the property was purchased separately from the new mobile home purchase. After refinancing them together, the bank went out of business, transferred the mortgage to another bank that went out of business and the current bank that the monthly mortgage payment goes to say they do not have the title. Pa. Motor Vehicles will not issue a duplicate or lost title, because there is a lien on the property (the current loan). How can I find out who has the title so that it may be retired and the property can be sold?

Technorati Tags: mobile home, mortgage payment, motor vehicles

it is a mobile home i tried about 6 months ago and was denied i dont have great credit the place is only worth about 25,000

Technorati Tags: mobile home

My boyfriend love each other allot. We live an hour apart from each other and see each other almost everyday. His home is only 8 years old and he amd ex wife where the first home owners to buy it his home is cute and he finished the basement. The downside is that his ex wife name is still on the mortgage and she let him know she does not want it the judge said it can be all his if he can get it all listed in his name he cannot refinance since the home was based on two incomes. The home is away from everything on a long dirt road and the home sit below the driveway. I need advise on what he best thing to do is?

I live in a mobile home in a very nice park I live near everything. I don’t owe anything on my home and it is very nice if I sell it would sell fast and I could make good money on it and be able to use the money for a better home. The downside is that I have to pay 0 a month in park fees and get no privacy. I need advise on what the best thing is for the both of us to do?
I can’t rent out my home I live in a park. If he trys to sell his home it will not sell fast and the chances of him making anything on it are slim. I will not live with him unless we are married or engaged.

Technorati Tags: 8 years, amd, dirt road, downside, first home owners, incomes, mobile home, money, mortgage, park fees, wife name

I want to refi my Murrieta Ca. Mobile Home ( on permanent foundation). I have excellent credit ( checked) and the house is worth approx 3 times what i owe on it. What companies do this kind of refinance. I currently have an ARM.

Technorati Tags: mobile home

We got a mobile home with GreenTree but having a hard time maintaining the payments most of the time. I wish I could get a lower payment like 300 to 400.
What could we do? It might take a few months to get back on track. If we could get out of the cash advances we got in the try and cover some but even they are making things harder. The bills range to 2200 monthly and finances are around 1900.

Technorati Tags: cash advances, greentree, hard time, mobile home

We are moving into a house but the lot where the mobile home sits is rented and the mobile home cannot stay there unless it is in the name of the person living in it. Unfortunately there is still a mortgage owed and no one who has looked at it can have it refinanced. Would adding someone to the title remedy this problem and they just pay us the mortgage payment and we pay to the mortgage place? What options do we have?!
Are there any suggestions as to what to do with it?? We need it sold ASAP!

Technorati Tags: mobile home, mortgage payment, mortgage place, remedy

I am paying a horribly high interest rate. Present lender isn’t doing refinancing.

Technorati Tags: high interest rate, refinancing

I have a 10 acre farm in Oklahoma and I would like to refinance at the new rate? Does anyone know who will refinance a rental property with a mobile home on it?

Technorati Tags: acre farm, mobile home, rental property

I have a 1991 mobile home and 5 aches and I want to refinance. I live in michigan and can not find company to do it. Can someone help. thanks

Technorati Tags: mobile home

It has been so long since I have been in school. I’ve already spent 2 hours trying to re-learn these simple grammar errors and honestly, it’s taking a lot of time away from more important things. If you could even check some of them I would appreciate it. The underlined words are the ones that are most grammatically misused; e.g., sure/surely sure and/sure to that/because it’s/that’s

1.I will accept your advice but the effects of doing so may bring a lot of change.
2.The seminar was all right, but between Ludwig and me, most participants were eager to complete the training.
3.The amount of political activity generated less interest than anticipated.
4.Any one of the students can apply that principle if there’s time.
5.The first sight for the new office could’ve complimented the surrounding community, mainly because it is different than the typical building.
6.The program will succeed; e.g., it is positive, forward-looking, and cost effective.
7.The group members supported one another and were enthusiastic about their presentation.
8.The CEO implied that arrangements with an imminent scientist have been finalized, and regardless of the number who are invited, we will be included.
9.How much farther can we pursue this if it’s not passed on through regular channels?
10.Please lay your lose change on the dresser, and I’ll be really pleased.
11.You should’ve taken advantage of the opportunity to refinance your home under the lower percentage rates.
12.The new investment program is open to all personnel and will surely build security for their future.
13.The reason for the increase in deli foods in grocery stores is because more people are buying food prepared outside the home.
14.I use my personal stationary, and please try to use yours.
15.Tell Henri to be sure to lock up before he leaves and set the late afternoon mail on my desk.
16. We have the document and will forward it to the actuary so that your department is included in the transaction.
17.Whose turn is it to clean the refrigerator because it sure needs it?
18.I’ll follow the guidelines you advise, except the one involving the imminent staff change in sales.
19.There was wide disparity among the five candidates, but they supported one another.
20.Dr. Zhoa was excited about the new job but anxious about the research required.
21.Be sure the sights are interesting because we want to do a good job.
22.What did you infer from her compliment?
23.The principle reason for their success is the lawyer, who’s a specialist in international law.
24.A stationary pump for the well was complemented by a mobile emergency back up.
25.They wanted us to work fewer hours so the amount of savings could be increased.

Technorati Tags: actuary, ceo, deli foods, desk, grammar errors, grocery stores, group members, important things, investment program, late afternoon, ludwig, mail, participants, percentage rates, principle, scientist, surrounding community

I live in Charlotte and my home is in good condition. My mortgage company (Chase) will no longer refinance Mobile homes even though they currently have my loan. They say they are unable to refinance because "they just don’t do it anymore". They were unable to give me a company name to try and refinance and the companies I have contacted myself wont do it with land. That makes no since to me at all. My property/home are considered "real property". I could really use some help on this. Thank you for taking the time to read this

Technorati Tags: chase, Mobile Homes, mortgage company, taking the time

I am a single mother of 2 and work 2 jobs but no matter how hard I work I still cant meet all the bills after car payments, insurance, food, daycare, utilities, etc. My fathers name is on this as a cosigner and I can rent a place bigger than my home for almost half of what I pay for my mortgage so this is why I am asking. My ex-husband (who also doesnt pay child support and the state isnt doing anything about it) ruined my credit so refinancing is not an option for me either (plus the fact that I owe WAY much more than it is worth). So, is forfieting it better for me? Will it ruin my fathers credit too right? What would you do in my situation? Thank you so much in advance!

Technorati Tags: car payments, child support, cosigner, fathers name, insurance, insurance food, jobs, mortgage, refinancing, single mother

Can I use the land as colateral because me and my husband have bad credit.

Technorati Tags: bad credit, colateral