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Financing Basics -- Mobile Home Purchase
Step 1 -- Find a Home
In order to obtain financing for a manufactured home you must find the home you're interested
in before submitting an application to a lender or broker. Financing a manufactured home is
different than financing a traditional site or stick built home. Lenders want to know
which home you plan to live in before they issue a pre-approval letter. Learn more
Step 2 -- Review your credit history
Before submitting an application to a lender, broker or traditional bank, it's a good idea
to review your credit history. In our experience, many customers are shocked or surprised to
find out there is a negative trade line on their credit report that is lowering their
score. Learn more
Step 3 -- Submit your application
The final step in this process is submitting your loan application. You're welcome to shop
around with other banks, lenders and brokers, just be aware that each institution will be
required to pull your credit history before issuing a pre-approval. Learn more