Credit Advice

Have a question? Have advice to share? The combined knowledge and experience of everyone in the Credit Karma community can help you. Enter your question or help others below to get started!

Question

Posted in Mortgage
Profile Image

Question By
beckhonea4

0 Contributions
0 People Helped
How hard is it to get a mobile home loan?

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW
All Responses

Results 1-2 of 2Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next
Top Contributor
5038 Contributions
1134 People Helped

For a new mobile home it may be fairly easy through the dealer, but for a used mobile home it may be a little more difficult. You may just have to get a personal loan. If property is coming with the mobile home then it may be easier as the property could be used for loan collateral.

Top Contributor
784 Contributions
298 People Helped

Most lenders won't loan on a mobile home over 15 years old.  Rates and willingness to finance can also depend if the mobile is sitting on land you want to purchase, or just purchasing a mobile by itself. Credit unions and smaller banks are more willing to loan on mobile homes than bigger lenders. Some lenders will only loan on an older mobile home if it has never been moved.

Results 1-2 of 2Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW

Reply to this Question

Write your response:
Enter Your Comments

The Credit Advice pages of the Site may contain messages submitted by users over whom Credit Karma has no control. Credit Karma cannot guarantee the accuracy, integrity or quality of any such messages. Some users may post messages that are misleading, untrue or offensive. You must bear all risk associated with your use of the Credit Advice pages and should not rely on messages in making (or refraining from making) any specific financial or other decisions.