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Loan for land home package

Posted on: 02nd Jul, 2012 12:00 pm
Hello i am trying to find somewhere to get a loan for my mother and father to get a new home but their credit score are around the 560s and they need to move now where can i go or who can i call that would accept those credit scores.
Posted on: 02nd Jul, 2012 08:10 pm
Hello mybabisaremyworld,

With the exception of guaranteed loans, you can expect to pay a higher interest rate as manufactured homes depreciate quicker and don't last as long as traditional homes.

:idea:
Posted on: 02nd Jul, 2012 08:15 pm
It is almost not possible to get a home loan with such a low credit score but you can take it with the name of other member of your family if they agrees to do so.
Posted on: 13th Jul, 2012 05:28 am
We could run a credit simulator for your parents and determine how to get their scores above 600. We lend on manufactured homes nationwide with a mid credit score of 600 or above. Click on my profile to connect with me.
Posted on: 14th Jul, 2012 08:49 am
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