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Chattel Mortgage on Mobile Home Virginia Form

Chattel Mortgage on Mobile Home Virginia Form

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Instructions and help about Chattel Mortgage On Mobile Home Virginia

hey this is paul with paul's mobile homes and today i'm going to talk with you about some of the requirements for mobile home funding i am often asked what they are and honestly they're different for different lenders so i'm going cover it in a general kind of a thing and you know some of it won't be right for every lender but here we go right okay so i'm gonna talk first about the big big lenders in the country because there's nationwide companies that make loans on mobile homes and so these are the big guys and most of them are looking for a credit score of like 660 or better something like that um there is one that you know will take a lower credit score 600 up to 650 and they will even do if you have 35 down payment lower credit score than that now i'll tell you something that scares all the lenders big time and that is if you have things in collections that they're not going to work with you if you have things

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