Financing Tips When You Want to Buy a Mobile Home
1. Get your credit rating raised by paying off your debts.
You'll look better to the financing company or lending
institution.
2. Reduce your debt load by taking on extra jobs, selling
things, and paying off debts. This will increase your
income-to-debt ratio.
3. Get a promotion at work or take on a part-time job to
increase your income-to-debt ratio for the bank.
4. Save up for a hefty down payment. The more you have to
put down, the smaller the loan and the better your chances
of getting a loan.
5. Use the Purchase Agreement Template
we sell. You'll need to
show this document (completed and signed) to get a bank
loan or other financing!
6. Have a
co-signer with a great income and a great credit
history.
