• We offer loans of up to $25,000 to owners of mobile homes.
  • The applicant/co-signer must own their mobile home with no outstanding loans.
  • The applicant/co-signer must have their mobile home fully insured.
  • The applicant/co-signer must have a steady income.
  • There is no age restriction as long as the mobile home is in good condition.
  • Payments are made in monthly installments. Interest is paid on capital and mobile home loans will be paid in full after 60 months.
  • Interest rates depend on the condition of the mobile home and the owner’s credit score. This can vary between 2.5% – 4.5% per month.

When applying for a loan, clients will be asked to send us the following:

  • 2 Photo IDs.
  • Proof of Income (ex: two pay stubs or a letter from employer emailed or faxed from the company only, etc.)
  • Property Insurance.
  • Void check.                    
  • Property tax assessment and bill of sale.
  • Photos of the interior, exterior and serial number of the mobile home.
  • Letter of opinion from realtor/real estate agent.
  • No, Mobile Home Equity Loan also lends money to owners of mobile homes in mobile home parks.
  • There will be a $7.50 monthly transaction fee. If your monthly payments aren’t made, NSF charges, legal notice charges, and collection charges will apply.