Posted on: 26th Jul, 2009 06:45 pm
to get a mobile home loan with a credit score of 520 if i have a down payment of about 7000.00
Hi perkinsj,
The down payment amount you can put down for the loan is good. But your credit score is not enough to qualify for a mobile home loan. A 600+ score is a minimum these days to get approved for a loan. Unless you improve your credit score, it does not look possible for you to get a loan for your mobile home.
The down payment amount you can put down for the loan is good. But your credit score is not enough to qualify for a mobile home loan. A 600+ score is a minimum these days to get approved for a loan. Unless you improve your credit score, it does not look possible for you to get a loan for your mobile home.
its not possible to get mobile home loan with such low credit score.... you need to improve your credit score.... you should try to bring it above 600....
all the best.... :)
all the best.... :)