Manufacture and Mobile Home Lender Blog

The Bad News:

1. Your credit score will take a drastic hit.
2. Forget about applying for a new home loan for many years.

The Good News:

1. If you can you scrape together a minimum of $10,000.
2. If your credit was fairly good before you walked away from major debt.

You should be eligible for a private money loan to purchase a re-sale home in a manufactured home community. Go online and look for a wholesale manufactured home lender who can recommend a chattel or home only, licensed loan originator, in your area. A manufactured home loan originator can aid you in qualifying for a home loan and possibly aid in selecting a manufactured home community that can fit your housing and financial requirements.




The ideal community would be a 55+ park as they are typically well maintained and offer amenities such as a club house, gym, swimming pool(s), spa and patios. Monthly space rent typically includes trash pick up, common area maintenance, security patrol and use of all the communities’ amenities. Typical monthly rents range from $350 to $550. For less than $1,000 (including space rent & mortgage payment) per month, you can enjoy an affordable resale home and lifestyle in a secure environment.

If your home debt is overwhelming, perhaps now’s the time to consider an affordable manufactured home alternative, go online and contact a wholesale manufactured home lender.