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Mobile Home And Land Loans For Bad Credit. Private real estate lenders such as those who specialize in hard money loans have more freedom to offer funding to anyone that they chose to work with. While bad credit can make getting traditional bank loans difficult, many hard money lenders work with individuals with bad credit scores.
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Borrowers can take advantage of elend’s specialized fha loan designed for mobile home financing. Rates as low as 7.50% apr*. Loans starting at $50,000 for renovations and up to $2 million for purchases;
Being a direct lender, we approve 98% of applications even if the applicant has bad credit.
You may rent it for a certain period but you won’t be able to purchase it. All pelican state credit union mortgages comply with. Banks offering manufactured home loans. That said, financing is still necessary for most homebuyers and there are a number of flexible lending options to meet each buyer’s unique needs.
