What is it with banks? My wife and I bought a house. We own the house. There is no financing on the house.
I have contacted several banks. I want to take a loan out on the house to get an escrow account to pay the taxes and house insurance and do some upgrades.
I am disabled. I was told that I could not get a loan like that unless I got a large loan. It seems to me that the banks in North Dakota are not interested in helping people at all.
Now, can anyone tell me why that is? Is there any bank that can help a guy? We only want to improve our new home.
The home we got was a mobile home. But it was put on a foundation. According to the title company we have and the city of Mandan, it is a house.
I pay $2,228 a year in taxes. But according to the banks and insurance companies, it is a mobile home.
It is not even registered with the DOT anymore. Can someone please tell me what is going on?