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Who will refinance Manufactured home on a foundation
I have a quality manufactured home built with drywall, on a foundation, in a good stick built neighborhood but cannot refinance my adjustable rate loan. The first thing I say is that I have a manufactured home and always the lenders respond that they cannot refinance. I have excellent credit, a good paying long term job, and am paying additional principal on the loan. It is underwater as I owe 106,000 and the value is 95,000. Does anyone know a lender who will refinance a "manufactured home"?
I live in Michigan.
Thank You.

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