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

am looking to buy a peice of land and (I guess what you’d call a) manufactured or mobile home on it. I picked the floor plan for the home I want. I see the land. Whats the best loan to get to try to purchase it all together? & what are the different down payment options? I don’t have much and don’t make much [but I'd really like my kids to have a stable home and not have to move around a lot (when I have them).] What would the best loan be? Or the lowest monthly payment? Maybe no down payment? Or Maybe just a 0,000 personal loan? Or maybe a loan then a personal loan to make down payment? helpp !
sn: though I don’t have much I can make lonely payments; & I’ll make more once I get my degree

Technorati Tags: amp, down payment options, floor plan, mobile home, peice, personal loan, sn

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

In the state of Florida, a 2bedroom/2bathroom, but I want to exactly comes with buying a mobile home.

Is the rent included with the electricity and water? or separate?
Are there additional costs besides rent, electricity and water?
Does the value of the home go up or down?
Is it easy to finance?
Other info?

I really want to know and understand the pros’s and con’s on buying a mobile home and if its a better choice then a traditional one.

Please tell me your experiences, Thank You!

Technorati Tags: electricity, experiences, mobile home

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

I live in MD and want to purchase a double wide. I was talking with a realtor but he seemed like he did not want anything to do with the purchase of a mobile home. if a realtor or the lender im working ith cant help me who do i need to go to? do i even need a realtor? or can i just go to my bank and get a loan. i was also told that it will be different then buying a house and i would have to go through DMV for a title. can anyone explain how all this works?
Thanks

Technorati Tags: buying a house, dmv, mobile home, realtor

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

I need info on FHA loans, like I am a little familiar with what they are and how they work.
But, can you get an FHA loan for a manufactured home? It’s not a mobile home, its a manufactured home that is permanently affixed to the ground..but anyways, would I be able to even get an FHA loan right now with the economy or is th Media making it sound alot worse than it is?

Technorati Tags: economy, fha loan, fha loans, manufactured home, 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 BOUGHT THE MOBILE HOME 3 YEARS AGO BECAUSE THE OLD ONE WAS FALLING APART. I AM A WIDOW AND LIVE ALONE. I CAN NOT DO THE UPKEEP ON THE HOUSE OR REPAIR THE THINGS THAT NEED FIXED BECAUSE I AM NOT PHYSICALLY ABLE TO DO SO. THE STEPS THAT THE MOBILE HOME PEOPLE PUT UP ARE HIGH AND NEARLY IMPOSSIBLE FOR ME TO GET UP ANYMORE. I HAVE NO BACK STEPS AT ALL. I LEFT ALL THE CAPS ON BECAUSE MY VISION IS GOING AND I CAN SEE THE BIG PRINT BETTER. I AM NOT YELLING OR FUSSING. I JUST NEED HELP.

Technorati Tags: 3 years, back steps, caps, mobile home, upkeep

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

Hey I was wondering if anyone knew the average length of time/and or the max amount of time you can get on a loan for the purchase of a mobile home? Also what’s an average interest rate for fair credit? I’d apprecite the help sooo VERY much!

Thanks
Sophia

Technorati Tags: amount of time, interest rate, length of time, mobile home, sophia

Hey I was wondering if anyone knew the average length of time/and or the max amount of time you can get on a loan for the purchase of a mobile home? Also what’s an average interest rate for fair credit? I’d apprecite the help sooo VERY much!

Thanks
Sophia

Technorati Tags: amount of time, interest rate, length of time, mobile home, sophia

we are thinking about buying a mobile or manufactured home through hud home loans if thats possible. What kind of things do HUD look for when it comes to people buying mobile homes through their loan programs. I know it must be anchored to the ground and have a secure permanent foundation but I don’t really know anything else? Does anyone know what qualifications a mobile home must meet in order to be approved for a loan to buy?
Will they even consider giving us a loan for a mobile home with acreage ?
I am a first time buyer, will this prove to be difficult for me?

Technorati Tags: acreage, first time buyer, home loans, hud, loan programs, manufactured home, mobile home, Mobile Homes