Are you interested in buying a mobile home in Arizona? Let us help with an Arizona mobile home mortgage prequalification. MobileHomeLoans.com can help you get pre-qualified for an Arizona Mobile/Manufactured mortgage and on your way to homeownership! Simply fill out our online application or call us at (480) 716-2455 With a prequalification letter in hand, you will be able to submit an offer on the home you desire.
Arizona Mobile Home Mortgage Prequalification
Some realtors require buyers to get pre-qualified before they will show you a manufactured or mobile home (even in Arizona). It also makes the mortgage application process that much smoother.
Determine How Your Credit Looks.
Lenders will look at your debt to income, your payment history, income, and how likely you are to pay your loan each month. The numerical value assigned to your payment history is known as your credit score and is one big factor in determining your down payment and interest rate.
There are many websites that allow you to quickly check your credit & credit score for free. Two of our favorites are www.freecreditreport.com and www.creditkarma.com.
If you have a credit score below 640, consider delving deeper into your report to make sure it is accurate. Stay current with all monthly payments and reduce debt where possible to boost your score.
Talk to an expert at MobileHomeLoans.com about your financial history, goals, and the path to buy a home.