New York Mobile Home Finance

Through our Customer For Life Program, you’ll get:

  • Peace of mind knowing you can refinance anytime
  • Free notifications of rate drops
  • Guaranteed low rates

Why should I get a loan for my mobile home?

It’s worth considering a new loan your mobile or manufactured home loan, even if your monthly payments are manageable.

Here are four reasons why:
  • 1) To get a lower interest rate. Not only will this lower your monthly mortgage payments, but you’ll pay less in the long run.
  • 2) To switch from an adjustable rate to the stability of a fixed rate mortgage. Often, that fixed rate can be locked in for the life of your loan.
  • 3) To pay off your mortgage sooner by shortening the term of your loan. Imagine being free of monthly payments!
  • 4) To add or remove a spouse or co-applicant. These changes may also allow you to get a lower interest rate.

Do any of these reasons apply to you?


How does the mobile home loan process work?

How much documentation will I need to supply?

Every situation is different. Once you're approved, you'll receive a loan approval letter with different options for you to choose from. It will also contain a list of the documents you'll need to provide.

Do I need to get a comp appraisal when I refinance?

We will start with a Nada value of your home. If more value is needed, we will order a comp appraisal.

What is homeowner's insurance?

Homeowner's insurance is designed to protect your home. It is also known as hazard insurance, or fire insurance. While the lender requires this coverage, you determine which insurance company will carry the policy. Under new federal regulations, homeowner's insurance premiums will be escrowed.

How does a refinance closing work?

The refinance closing will be conducted the same way that your loan was closed when you first purchased the property. Soon after your loan is approved, your loan consultant will send a list of documents you'll need to bring to the closing.

What should I know when refinancing my home?

Don't add to your debt. If you increase your debt by financing a new car, boat, furniture or other large purchase, it could prevent you from qualifying.

New York Mobile Home Refinance

Through our Customer For Life Program, you’ll get:

  • Peace of mind knowing you can refinance anytime
  • Free notifications of rate drops
  • Guaranteed low rates
What will my closing costs be?

The lender determines the fees and commissions that will be required of you at closing. Be sure to ask for a breakdown of what these costs will be.

Will I be charged points?

Not always. Some lenders pay all points. Your approval letter will have both options for you to decide which loan best meets your needs.

How long will I be guaranteed the quoted interest rate?

This is called locking in a rate. Your approval letter will state how long your rate can be locked and what is needed to lock it in.

How long will the approval take?

This varies, so get an estimate, especially if you're on a deadline.

Does the loan have a prepayment penalty?

No! We do not offer loans that are not favorable to our applicants.

How do I apply for a refinance loan?

Either fill out the application online or call us directly at 888-809-1145.

Remember, your application doesn't obligate you to borrow the money.

New York Mobile Home Lender