Can I Get a Manufactured Home if I Have Bad Credit?
Bad credit might be more common than you realize. In fact, it’s estimated that over half of all Americans currently have subprime credit. Your credit score doesn’t define who you are as a person, nor does it have to be something you have to live with forever.
Unfortunately, credit scores often stand in people’s way of getting some of the most important things we need in life, such as a new home. If you have bad credit and have ever tried looking for a new place to live, you know exactly how hard it can be. Buying a site-built home, even a small one, can seem impossible and many landlords do credit checks on people who are interested in renting an apartment or a house from them.
At HomeFirst™, we believe that everyone deserves the opportunity to live in a high quality, affordable home in a safe neighborhood. Having damaged credit shouldn’t stand in the way of having access to those sorts of things. No matter what your credit score is, our financing specialists can work with you and help you get into a home you can afford.
Not only can we help you find a way to finance your manufactured home, owning a manufactured home can help improve your credit score, too. As you make the monthly payments on your manufactured home on time, this will reflect favorably on your credit report and help you take steps toward a higher credit score over time. If you’d rather rent a manufactured home instead of own one, that can help your credit, too! At HomeFirst™, you’ll have the chance to make rent payments using your credit card and as long as you pay off your credit card each month, your credit score will start to move on up.
Buying or renting a manufactured home in a HomeFirst™ community also gives you access to some unique resources to help you get your finances back on track. All HomeFirst™ residents are able to get free financial advice and counseling from GreenPath Debt Solutions. Whether you’re looking for other ways you can improve your credit, need help setting up a household budget, or have any other questions about your finances, the counselors of GreenPath Debt Solutions are just a phone call away and can help answer all your questions. Their advice is priceless and you don’t have to pay anything extra to get it!
When you look at some of the amazing manufactured homes available in our communities, you might be surprised at what an incredible value you’re getting. Even if you thought you’d never be able to own a home of your own, you might discover that you’d be able to afford a spacious manufactured home in a safe, beautiful community, full of amenities like swimming pools, fitness centers, playgrounds, and more. Remember, HomeFirst™ has financing specialists who have helped many people just like you get into manufactured homes. Don’t let your credit score stand in your way anymore! Contact HomeFirst™ today and we’ll help you get started!