Can I get a cash-out refi on a manuf. home in Texas?
Paid cash for manuf home. Tied down into concrete beams. On our land but separate tax bill. Don't know what that means. I need to buy out my husband's part of the MH. Can I get a cash out refi in Texas? by theresah52 from Dallas, Texas. May 9th 2011
Chris Gummerson (cgummerson11)
#397 ranked lender in California - 648 contributions
You would need to complete the certification form from the DMV that states that your property is completely attached to the foundation. Then you will receive on tax bill. You should be able to find a lender who can help you, as long as your credit, and income and property values are sufficient. Take a look at some lenders in your state and go from there.
Gianni Cerretani (mortgagegodfather)
#32 ranked lender in Georgia - 238 contributions
on top of what the other lender mentioned you need to know that in Texas the cash out lending guidelines are extremley different then the rest of the country. I have not lent money there in a few years but from what I remember you are limited to 80% loan to value. This may even be less for a real manufactured home.
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