Wednesday, November 11, 2009

How to Get a Bad Credit Mobile Home Loan

Do you know that you do not have good credit? What is your income? Is it a little lower than you want? These are all factors that you can get a bad credit mobile home loans. However, there are lenders that work still with you even if you do not have a good credit score to show them. Here are some instructions on how to get a loan bad credit mobile home.

First you need to know what you have to do.Get a copy of our credit report, or at least one lender, you give your guests. This can be online for free or you may apply for a loan and ask them for your guests. Nor did they want, give it to you if you refuse you a copy of your credit report with the title, and they send you a letter on how to get there.

Secondly, if your score is above 580, then there are the lenders who work with you. You need only the difference between the goodand the bad mobile home lenders. These are usually non-conventional mortgage companies and banks do not. However, if your score is over 650, and you have a good relationship with your bank, then they will probably help you out. Most lenders will want your mobile home, a foundation will be upset and have no wheels in it, though.

Last, if your credit is really bad and your guests under 580, then you have only two options. One would be a privateLender that is an individual. Two, for a purchase, you can here, buy here pay for a mobile home park. There are parks out there and make your mobile home financing for you and if you wipe you can move wherever you want. That's like getting a bad credit mobile home loan if your credit is really bad.



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