How to Get a Mobile Home Equity Loan | Pocketsense – The equity of a home is the difference between its market value and the remaining balance on the mortgage. The equity of a mobile home can be used to get a loan, but the funds are generally less readily available than other types of home loans.
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carry higher interest rates than first mortgages, and many cash-out options have higher interest rates than standard refinancing, said Jonathan.Should you use home equity to pay off student loans? – But those options can be costly. Second home loans often