In order to qualify for mobile home financing, you’ll need to prove to a lender that you are responsible with credit. The foreclosure rates on manufactured homes are typically much higher than those on traditional houses. Lenders see mobile homes as a risk because they’re easy to walk away from.
The breach occurred at Equifax, one of the three credit reporting bureaus entrusted with some of the most sensitive personal data, including Social Security Numbers. If you are one of the individuals.
In case of any inaccuracies, contacting the credit bureau that has issued your report and working with the agents to correct all the errors prior to applying for a manufactured home loan will allow you to increase your credit score, which may facilitate the manufactured home loan approval.