How Do I Refinance My Mobile Home in Georgia?
Mortgage refinancing is often a long and arduous process. Lenders take a thorough look through your credit report, your income, your assets and your employment history. Even borrowers with strong credit are sometimes denied for refinances. Refinancing a mobile home, or manufactured home, can be even more challenging since regulations are stricter. This is no different in Georgia. However, if you conduct ample research, you should be able to find a lender. Look at previous appraisals and inspections conducted on your mobile home. The first piece of information you must verify is whether your home is “mobile” or “permanent.” In most cases, if there is a foundation, your home is permanent, and therefore eligible for more refinance programs in Georgia. If, however, your home is only on blocks, it may be considered mobile. Pull your credit report. Visit Annual Credit Report to get a free copy. You should pay to get your three-digit FICO score, too. This will show you where you rank on a cre
