Posted on: 02nd Aug, 2010 07:49 am
Hello,
We are looking to purchase a mobile home in a 55+ community in Pennsylvania. The cost of the home is 75,000 and is 12 years old in a lovely community. We would be putting down $40,000. We have poor credit and would like to know if you do those type of loans.
We are looking to purchase a mobile home in a 55+ community in Pennsylvania. The cost of the home is 75,000 and is 12 years old in a lovely community. We would be putting down $40,000. We have poor credit and would like to know if you do those type of loans.
This is not a mortgage company but a mortgage community where people discuss their mortgage related issues. With a poor credit score, lenders will not be ready to offer you a loan. You should have a score of 700-720 in order to get approved for a mortgage. You need to improve your score and then apply for a loan. You can check out the given page in order to improve your score:
http://www.mortgagefit.com/credit-rating/credit-repair.html
http://www.mortgagefit.com/credit-rating/credit-repair.html