Many manufactured homeowners (mobile homeowners or even Modular Home Owners) do not realize they could be sitting on a pile of cash! If you need cash, consider an RP Funding Manufactured Home Cash-Out Refinance. Many Manufactured homes taxed as real property where the land is also owned may be eligible. A Cash-Out Refinance lets you refinance your current mortgage, borrow more than you currently owe and keep the difference (home equity) as cash. It could be a great way to unlock your hard-earned equity and get the cash you need. Apply today to see if a Cash-Out Refinance is right for you.

A cash-out refinance is one way to unlock the equity you’ve built in your house. Consider this example:

Is a Cash-Out Refinance Right for You?

In just 4 steps, you can have the cash you need in your pocket:

1. Complete a basic loan application
2. Get an appraisal to determine the value of your manufactured home and the equity available to borrow
3. Sign the paperwork to make your new home loan official
4. Four business days later, get a check for the funds requested

Who is Eligible?

• Owned the home and land for at least 12 months preceding the date of application
• Conventional loans only

Manufactured Home Specifics:

• Multi-width manufactured homes only
• Must be built on or after June 15, 1976
• Any MH dated before 2008 must have a foundation certification and inspection completed
• Minimum 12 ft wide and 600 sq ft