Refinancing can be quite a huge cost-saver, specially for mobile property owners whom don’t have mortgages, but instead “chattel loans. ”

Chattel loans finance a mobile house as a piece of personal property, in place of as property. The interest rates on these loans are typically much higher than what a mortgage loan would command as a result. This makes the home owner by having a hefty payment that is monthly lots compensated in interest on the lifetime of the loan. Fortsätt läsa →