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mobile home and land loans for bad credit

Even with a bad credit score, a bad credit land loan is not out of your reach. During this recession, the real estate market is struggling. Bad credit land loans are difficult, but not impossible. Research several lenders to find the best deal you can.Be preparedGetting a bad credit

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Trying to get a loan for a mobile home? You may be surprised to learn there are financing options available for non-single-family residence houses.. For starters, you need to own the land.

Have bad credit? We arrange Land Loans for all types of properties and for all purposes: CONSTRUCTION LAND LOANS, Land for Commercial/Industrial uses – COMMERCIAL LAND LOANS, BAD CREDIT LAND LOANS, Subdivision Land Loans for builders, Special uses land, Mobile Home RV parks, Parking lots, Rural/Agriculture land, and many others.

Apply for a loan even for poor or adverse credit history ,if you have a poor credit record or even with a poor credit history loans for bad credit we may be

Don’t assume you cannot be approved for an FHA insured home loan–do you have changes in your credit score since the last time the credit reports were run? You may have options that can improve a poor credit score over time. Some potential borrowers may need to spend a year or so repairing bad credit and establishing a reliable payment history.

Heading to your local bank or credit union probably won’t yield the results you are hoping for with a home equity loan on a mobile home. banks and credit unions, as conventional lenders, are more prone to decline home equity loan and line of credit applications for mobile homes because of the risk of depreciation.

Qualifying for a FHA Modular or Manufactured Home Loan. FHA modular and manufactured home loans are made by private lenders but are insured by the FHA in the case of default. In many cases, these loans have lower credit score requirements than conventional loan products.

A Low Credit Score. Other factors, such as the type of home, type of loan, credit history and score, are taken into account as well.. At Triad Financial Services, we also make available land-in-lieu manufactured home loans.

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