Posted on: 08th Apr, 2010 02:32 pm
I would be interested in buying a mobile home. My credit is low.
Hi dorarestrepo!
Welcome to forums!
With a low credit score, it would be difficult for you to get a mortgage in order to buy a mobile home loan. If you're planning to take out a conventional home loan, then you should have a credit score of 700-720. In case of a FHA loan, you should have a credit score of 600-620. You can check out if you can get a personal property loan with a bad credit. Such loans are available with retailers who sell mobile homes.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
With a low credit score, it would be difficult for you to get a mortgage in order to buy a mobile home loan. If you're planning to take out a conventional home loan, then you should have a credit score of 700-720. In case of a FHA loan, you should have a credit score of 600-620. You can check out if you can get a personal property loan with a bad credit. Such loans are available with retailers who sell mobile homes.
Feel free to ask if you've further queries.
Sussane