Flexible Financing Solutions for Your Mobile Home
At TrailerHousesForRent.com, we believe that everyone deserves the opportunity to own a quality home, regardless of their credit history or financial situation. That’s why we’ve developed a comprehensive range of financing options designed to meet the diverse needs of our customers across the United States and Canada.
Our Financing Partners
We work with a network of specialized mobile home lenders who understand the unique aspects of manufactured home financing. Our lending partners include
• Traditional banks and credit unions
• Specialized manufactured home lenders
• Alternative financing companies
• Rent-to-own program providers
• Government-backed loan programs
Financing Options Available
Traditional Mobile Home Loans
For customers with good credit (typically a 620+ credit score), traditional mobile home loans offer competitive interest rates and terms. These loans are available for both new and used mobile homes and can be structured as
• Chattel loans (personal property loans)
• Real estate loans (when the home and land are purchased together)
• FHA loans (for qualifying properties and borrowers)
• VA loans (for eligible veterans and service members)
Terms: 15-30 years
Down Payment: 5-20% depending on loan type and credit
Interest Rates: Competitive market rates
Alternative Financing Programs
For customers with less-than-perfect credit or unique financial situations, we offer alternative financing solutions:
Subprime Lending Programs
• Available for credit scores as low as 500
• Higher interest rates but accessible approval requirements
• Terms typically 10-20 years
• Down payments starting at 10%
In-House Financing
• Direct financing through select dealers
• Flexible approval criteria
• Customized payment terms
• Quick approval process
Rent-to-Own Programs
Our popular rent-to-own programs allow you to move into your new home immediately while building equity toward ownership:
How It Works:
1. Select your mobile home from our inventory
2. Make an initial payment (typically 1-3 months’ rent)
3. Move in and begin making monthly payments
4. A portion of each payment goes toward the purchase price
5. Exercise your option to purchase at any time
Benefits:
• No traditional credit check required
• Lower initial investment
• Flexibility to purchase or walk away
• Build equity while you live in the home
• Maintenance and warranty coverage included
Government-Backed Loan Programs
FHA Loans
The Federal Housing Administration offers loans for manufactured homes that meet specific requirements:
• Minimum credit score of 580 for 3.5% down payment
• Minimum credit score of 500 for 10% down payment
• Competitive interest rates
• Available for primary residences only
VA Loans
Veterans and eligible service members may qualify for VA-backed manufactured home loans:
• No down payment required
• No private mortgage insurance
• Competitive interest rates
• Available for primary residences
USDA Rural Development Loans
For homes in eligible rural areas:
• No down payment required
• Income restrictions apply
• Below-market interest rates
• Below-market interest rates
• Available for primary residences in rural areas
Financing Process
Step 1: Pre-Qualification
Complete our online pre-qualification form or speak with one of our financing specialists. We’ll review your financial situation and provide initial financing options.
Step 2: Application
Submit a complete loan application with required documentation:
• Proof of income (pay stubs, tax returns)
• Bank statements
• Employment verification
• Credit authorization
Step 3: Approval
Our lending partners will review your application and provide approval decisions, typically within 24-48 hours for most programs.
Step 4: Final Approval
Once you’ve selected your home, we’ll finalize your loan terms and prepare closing documents.
Step 5: Closing
Complete the closing process and take possession of your new home.
Credit Improvement Programs
For customers who don’t currently qualify for financing, we offer credit improvement guidance and programs.
• Credit counseling services
• Debt consolidation options
• Secured credit card programs
• Credit monitoring services
• Financial education resources
Payment Options
We offer flexible payment options to fit your budget:
• Monthly payments
• Bi-weekly payments (pay off your loan faster)
• Automatic payment discounts
• Online payment portal
• Phone and mail payment options
Special Programs
First-Time Homebuyer Programs
Special incentives and reduced rates for first-time homebuyers, including:
• Reduced down payment requirements
• Lower interest rates
• Closing cost assistance
• Homebuyer education programs
Military Discount Programs
Special financing terms for active duty military, veterans, and their families:
• Reduced interest rates
• Waived fees
• Flexible deployment accommodations
• VA loan expertise
Senior Citizen Programs
Specialized financing options for customers 55 and older:
• Reduced income requirements
• Flexible payment terms
• Reverse mortgage options (where applicable)
• Senior-specific communities
Getting Started
Ready to explore your financing options? Contact our financing specialists today:
Phone: (305) 390-1903 ext. 2
Email: financing@trailerhousesforrent.com
Our team will work with you to find the financing solution that best fits your needs and budget, helping you achieve your dream of homeownership.