borrowing against manufactured home

There might be someone out there willing to do a cash out, or better yet a construction loan, that will convert to a mortgage... and you shouldn't rule out Hard/Soft money loans... worst case scenario, you could use a hard money lender to complete your place, and then refinance with a new conventional loan once it's completed.. The best advice I can give you is to contact a LOCAL mortgage broker, not the local "Big" bank, and certainly not one of those 50 states internet lenders...By applying with your LOCAL Broker, you have an advantage because he's familiar with local customs and works with numerous lenders, seeking out the best loan terms for your particular scenario. Because he has lower overhead, he can offer you lower rates and lower fees than most of the larger lenders.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

I can help you out. Call me when you can.Shaun Batin888-834-1988 ext. 159

I am a direct lender in northern California. You can do an fha 203k rehab/remodel loan. Rates in the mid 4%, and pay zero points, no prepay.

I agree with William and Larry. You don't have to be desperate to use a hard money lender. Simply stated, you are looking for a loan that traditional lenders will not do. You have three options. Don't get a loan; Borrower from friends and family; or Borrow from a "non-traditional" lender. We call these non-traditional lenders hard money lenders. They are willing to do loans that main stream lenders won't or can't do. Their lending criterion is generally tougher because they are taking on additional risk, and they command a premium for the risk. Don't want to pay for the added risk? You won't get a loan. If you view the loan as a "Bridge Loan" to allow you to complete the project and obtain regular financing, then that would be the way to go. One of the things you need to ABSOLUTELY determine is... Assuming the work gets done...Will the property meet Lender's guidelines for a loan? ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ www.LoansA2z.comI agree with William and Larry. You don't have to be desperate to use a hard money lender. Simply stated, you are looking for a loan that traditional lenders will not do. You have three options. Don't get a loan; Borrower from friends and family; or Borrow from a "non-traditional" lender. We call these non-traditional lenders hard money lenders. They are willing to do loans that main stream lenders won't or can't do. Their lending criterion is generally tougher because they are taking on additional risk, and they command a premium for the risk. Don't want to pay for the added risk? You won't get a loan. If you view the loan as a "Bridge Loan" to allow you to complete the project and obtain regular financing, then that would be the way to go. One of the things you need to ABSOLUTELY determine is... Assuming the work gets done...Will the property meet Lender's guidelines for a loan? ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ www.LoansA2z.com

Contact someone locally about an FHA 203K loan, but make sure they are experienced with them. Keep in mind, with the improvements you make, they must be completed by a licensed contractor, you cannot complete the work yourself.