Posted on: 15th Jul, 2010 03:49 pm
Hi Im Mary and my credit scores are low in the upper 500 I was woundering if there is a mortgage company out there might would finance a Manufactured home with land
Possibly with a 580 credit score. Where are you located?
Georgia
Hi kmcintyre,
Irrespective of the state in which you live in, you won't be able to get a mortgage if you've a low credit score. The FHA approved lenders will want you to have a credit score of 620 whereas conventional lenders will want you to have a score of 700-720. It would be better if you could improve your score and then look out for a mortgage. To know some steps to improve your score, check out the given page:
http://www.mortgagefit.com/credit-rating/credit-repair.html
Thanks
Irrespective of the state in which you live in, you won't be able to get a mortgage if you've a low credit score. The FHA approved lenders will want you to have a credit score of 620 whereas conventional lenders will want you to have a score of 700-720. It would be better if you could improve your score and then look out for a mortgage. To know some steps to improve your score, check out the given page:
http://www.mortgagefit.com/credit-rating/credit-repair.html
Thanks