Here are some tips to help the process go smoother.
First, if you have great or even just good credit you need to start with your bank.
Even though not all banks do loans on mobile homes you should always start with your bank because if they do, then they will give you the best rate and the convenience of paying your payments where you bank.
They will make sure you are taken care of.
Second, if your bank cannot do a home equity loan on mobile home, then you have another option and that is the company that currently holds your mortgage.
This could be one of many different types of lenders, but it is much easier to get lower fees and a lower rate if you try to get a home equity loan on mobile home through the company you already pay.
Last, if these two options fail do not get discouraged because there is still another option.
There are non conventional lenders out there that specialize in harder loans like those for mobile homes.
You just have to seek one of these companies out and find out if they can help you.
The good thing is they have lower standards and can approve you easier.