Begin Your Mobile Home Loan Pre-Approval
Complete the form to start your loan inquiry, choosing “Not Sure” if needed. A lender will reach out to discuss your options and answer questions. Your information remains confidential and is only used for this inquiry. Submitting the form is commitment-free and doesn’t trigger a credit check.
FAQ
What are typical credit requirements for mobile home loans?
Typically 650+ credit score is required for a mobile home loan pre-approval and park approval, although some parks may allow lower scores for approval.
What are the income requirements?
Mobile home parks will typically require 3x the monthly space rent in gross income. This is a good rule of thumb for park and loan approval.
How much of a down payment is needed?
Typically mobile home loans require a minimum of 5% down payment.
What are the factors that determine my loan pre-approval?
Lenders will look at different factors to determine your loan eligibility, including but not limited to: your income, debt-to-income ratio (DTI), credit score, monthly payment obligations and more.
Click here for more information about mobile home loans in California.
Contact
(714) 912-3323
info@ocmobilehome.com
229 N Glassell St
Orange, CA 92866
Alexander Plam
CA DRE: 02081707
