Mobile Home HELOC
Are there any lenders that would issue a line of credit on a mobile home that sits on a rented lot? Or would I do better trying to refi and pull cash out?
Thanks
Wayne
Are there any lenders that would issue a line of credit on a mobile home that sits on a rented lot? Or would I do better trying to refi and pull cash out?
Thanks
Wayne
Depending on how old the mobile home is, you may have a tough time doing either.
[addsig]
some of the credit management tools will analyze your score and suggest actions to improve your score.
I have had success with improving my credit scores by doing just what ray said, it takes time, be patient and it will improve. reports i believe are only updated quarterly, so even once something has been fixed it may not show up right away.
Yes, as ceinvests said, you get dinged for over 50%, a little dinged for over 30% and get positively dinged for around 1-0%.( So long as they are active (used at least once in the past few months))
[addsig]
When one puts money into a bank acct or a cd, once they get the secured loan, can then then use the money in the bank acct or cash the cd once it matures? Thanks, Tim
hey thanks ray for that advice. i think i will do the secured loan against cash, and keep building from there. great advice
ray_higdon
where did you find this software you mentioned.
Thanks for your imput.
mjo
Go to http://www.FTC.gov and type "ein" in search window. The first hit is an article about this being illegal and a scam.