News You Should Know Today's About Rates!
Prime Rates For Doublewides and up is 8.49% (Industry Set)
Prime Rates For Singlewides is 9.49% (Industry Set)
BECOME A SMARTER SHOPPER!
Rates indicated above our the lowest rates industry allows to high volume companies like URefi.com. Other lenders will tell you they can get you rates at 6.49%-7.49% but what they don't explain is how it works! As government regulations strengthen in the lending industry, mobile home lending regulations remain stagnant. We believe in building trustful relationships with customers because an informed customer is a happy customer. There are no hidden surprises at URefi.com.
A rate buy-down is when the customer pays points to bring their rate to a specified level.
1 Point = 1/4 of 1% or 1/4%
1 Point costs you= 1% of the total loan amount
If you are approved at 8.49% you may buy 4 Points to bring your rate to 7.49%
Example: You have a $30,000 balance to be refinanced. Each Point would cost you $300 for a total of $1200
Closing Fees
Our bank lender fee is from $1078 to $1500 depending on which bank approves your loan. And 3% flat rate for homes over $50,000
Other Fees
$12 Flood Fee
$20-$35 Title Fee (Depending on State)
Escrow Fees (Depending on State or County)
Plus any buy down fees as stated above
(All fees are added to your original loan, ZERO out of pocket!)
All loans are closed at YOUR home :)