Asked by debra koon  |  Submitted December 11, 2014

I would like to buy a mobile home but my credit is 582. I have money to put down. Can I get qualified?

Can you help me find listing of loan officers in Magnolia, Texas?

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  Answers  |  3

December 11, 2014

You can qualify for an FHA loan for your mobile home as long as it is mounted to a permanent foundation and you are buying the land that it sits on.

$commenter.renderDisplayableName() | 09.21.17 @ 10:47


April 01, 2015

Right Heath, otherwise one would have to go with a personal loan.

$commenter.renderDisplayableName() | 09.21.17 @ 10:47


June 23, 2015

You could qualify for a FHA loan, but I would counsel anyone against buying a mobile home: it's usually a very bad investment that actually DEpreciates, instead of appreciating in value. If you don't own the land and it's not permanently affixed, its not even real estate. Find a real house. Good Luck!

$commenter.renderDisplayableName() | 09.21.17 @ 10:47


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