Are you interested in buying a mobile home in Oregon? Let us help with an Oregon mobile home mortgage prequalification. Let us get your pre qualified.  MobileHomeLoans.com can help you get pre-qualified for an Oregon Mobile/Manufactured mortgage and on your way to homeownership! Simply fill out our online application. With a prequalification letter in hand, you will be able to submit an offer on the home.

Oregon Mobile Home Mortgage Prequalification

Some realtors require buyers to get pre-qualified before they will show you a manufactured or mobile home (even in Oregon). It also makes the mortgage application process that much smoother.

Now How Your Credit Looks.

Lenders will look at your debt to income, income, how likely are you able to pay your loan, your payment history, to determine what you can afford. 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. Rates for mobile and manufactured homes are higher than single family resident loans.

There are many websites that allow you to quickly check your credit & get your credit score with all three credit bureaus. Feel free to go to www.annualcreditreport.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, utilize a small percentage of your available credit 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.