Best Options For Bad Credit Mobile Home Loans Of 2024

Shatakshi Sinha
Best Options For Bad Credit Mobile Home Loans-theislandnow

Mobile homes, also referred to as manufactured homes, are experiencing a surge in demand and popularity due to their cost-saving and space-efficient nature compared to traditional homes. 


This affordability makes them particularly appealing to low-income individuals who may find purchasing and managing a mobile home much more feasible than a traditional one. 


Furthermore, their mobility sets them apart, as they are typically situated in mobile home parks and can be easily relocated. This characteristic exempts them from the strict definition of real estate, categorizing them instead as personal property by financial institutions.


Consequently, securing a conventional mortgage for financing manufactured homes, especially for those with poor credit, may prove challenging.

Our Top Picks For The Best Bad Credit Mobile Home Loans In 2023

Lenders offer several loans, including loans without proof of income and mobile home loans with low investment. Furthermore, we have pointed out the categories and other required information for a smooth experience:

Top Choice Mobile Home Loans for Bad Credit, Editor’s Pick


24-hour payment guaranteed


Credit Score Required

$200 - $5,000

Loan Amount

Top Choice for Rapid Approval


Easy lending process


Credit Score

$1,000 - $50,000

Loan Amount

The Optimal Choice for Bad Credit Loans


Simple Requirements


Credit Score


Loan Amount

Prominent Lender Offering the Highest Loan Amount for Manufactured Homes


Instant Approval


Credit Score Required

$100 -$10,000

Loan Amount

Top Choice Mobile Home Loans for Bad Credit, Editor’s Pick

MoneyMutual is a leading online marketplace that connects lenders to borrowers securely. With over 2 million users, the process is seamless from start to finish offering both payday loan options and bad credit installment loans.

With MoneyMutual, you only need to complete a quick form on the website. Then, they share this information with their lenders, considering the information you fill in to match you with lenders with a higher chance of securing a loan. 

As a result, you may get an offer instantly, after which you get the loan terms, and you can accept instantly.

Furthermore, their site is very secure. Relevant laws and a comprehensive privacy policy protect all your information.



  • Loan guide
  • Customer service is easily accessible
  • Reputable platform
  • Instant lender review
  • Has many loan partners


  • Not available in Connecticut and New York

Top Choice for Rapid Approval

As the name implies, BadCrediLoans was established to cater to those with credit score issues. The website is very straightforward, secure, and easy to use. Navigations are clear and help you secure bad credit manufactured home loans or any other personal loan.

They connect you with lenders willing to work with you and your current financial situation. You may get offers from different lenders and are not obliged to accept their terms. You must scrutinize the terms carefully and only agree if they suit you.

Also, BadCreditLoans aims to help you in more ways than just getting you a loan. Their website contains helpful pointers on improving your finances and general financial information. 

Furthermore, they have dedicated articles on avoiding scams you might fall for out of desperation for a bad credit loan.



  • Large lender network
  • Other helpful credit services
  • Focused on helping people with bad credit score
  • Convenient online form
  • $10,000 maximum loan amount


  • Bad credit loan offers are not available in some US states.

#3. Fundsjoy

Top Choice Lender for Swift Mobile Home Loan Applications


Fundsjoy offers a hassle-free and speedy approach to obtaining loans for individuals with bad credit scores. Their application form is designed to be simple and can be completed in just 5 minutes. They have a network of reputable lenders who are state-approved or operate under tribal laws. 

The entire process, from application to loan disbursement, is swift. Best of all, there are no fees for submitting your application, as the lenders cover the costs of connecting you with them. 

Unlike traditional lenders, Fundsjoy does not impose minimum credit score requirements or loan amounts.

They provide access to reasonable loan amounts and limits based on how well you meet the specific lender’s criteria. Getting a mobile home loan with a bad credit score is stress-free with Fundsjoy, as they strive to make the process seamless and efficient.



  • Local lenders available
  • Loan can boost credit score
  • No minimum credit score
  • Great for chattel loan
  • Quick-fill form


  • Website does not contain helpful financial information besides loan process guides
  • Cannot be reached by phone call

The Optimal Choice for Bad Credit Loans

Personal Loans links you with suitable loan providers for personal loans. The activity you want to use the loan for is up to you, and with a maximum loan amount of $35,000, you’ll indeed find it helpful for a manufactured home loan.

In as fast as one business day, you can receive your loan money from Personal Loans, and you’ll usually have a repayment period ranging from 90 days (three months) to 72 months (6 years). 

To facilitate the loan application process, you must fill out their short online questionnaire in your spare time and allow the remaining things to unfold. Lenders willing to give you the loan could contact you by call, email, or other contact means that you filled out the form.

They will readily share your basic information with other lenders outside their immediate network if you don’t get a loan. 

Lenders also share your info with other service providers in case you can get other credit services that could be equally beneficial. However, they won’t share your sensitive information with lenders that are not their immediate partners.



  • Great loan terms
  • Good for mobile home financing
  • Has a physical office
  • Regulated by relevant federal laws
  • Fast approval


  • Minimum loan amount of $1000

Prominent Lender Offering the Highest Loan Amount for Manufactured Homes

CashUSA is a platform with majorly positive and wholesome reviews by its customers, many of which are for helping out people regardless of their credit scores. They are a service provider that connects you to the best lenders available, like other names on this list. 

Furthermore, all the data you fill in on their site is safe. CashUSA is a reputable brand that has managed to maintain its reputation by meeting necessary privacy and security standards. 

Even while transmitting your information to lenders, they use encrypted channels that ensure your info does not get into the wrong hands.

It is not just a mobile home loan you can get from CashUSA. They have other loan services you may want to look into if they benefit you even more than the regular personal loan installment.

You can receive between $500 – $10,000, and CashUSA lenders will deposit the money as fast as the next working day after your loan request approval.



  • Simple requirements
  • Fast payout
  • Lenders with competitive loan terms
  • Can borrow as little as $500
  • Unsecured personal property loans are accessible


  • Maximum loan amount is not that high

How We Made This List Of The Best Bad Credit Mobile Home Loans?

Good News!!!  You can get loan programs to finance your endeavor for a mobile home, even with a bad credit score. You can get a personal or chattel loan where you don’t need any collateral. Due to the demand for such loans, there has been a growth in the number of available online lending services.

This growth means you can expect competitive rates from these lenders as they try to get your attention. However, a lack of secure financing, quick approval, tedious application processes, and dishonest lenders have made the space a bit hard to navigate.

More so, with bad credit loans, it is easy to be enticed into falling for these things since you might feel like you need more choices. Therefore, with guaranteed approval, we have created this list of the five best bad credit mobile home loans. 

We started by listing personal loan providers that give out loans to people with bad credit scores. Then did background searches of all the service providers. We quickly knocked out illegitimate or lenders with ridiculous terms.

After the first quick selection, we were left with the more competent lenders. At this point, we did more thorough research and investigation, testing some processes to understand how these platforms work.

Then we created a list of important criteria to look out for and held up these platforms to the criteria. Ultimately, we came up with the top 5 best bad credit manufactured home loans.

What We Looked For?

Below are some of the things we looked out for:

Things To Consider Before Taking Bad Credit Manufactured Home Loans: Buyer's Guide

You could be in a better financial position with bad credit; however, a bad credit loan jeopardizes your finances. Therefore, to avoid ruining your credit, you must thoroughly consider some factors before taking a bad credit loan to get that mobile or manufactured home you want.

Lenders usually check this to determine if they should give you a loan. Even bad credit lenders may check it to calculate how high your interest rates should be. But lenders start doing credit checks before you even approach them for a loan.

You know how much you earn and all debts you pay back. Consider your debt-to-income ratio and ask yourself if you can shoulder another debt.

Some lenders will conduct hard pull credit checks on your credit history to determine your eligibility for a loan. These checks are usually visible on your credit history and can influence the overall score. Also, repaying these loans late usually harms credit scores. 

On the other hand, some lenders will loan you without doing credit checks or after doing only soft pull checks, which do not influence your score. 

If you are confident that you can repay the loan on time, it might be beneficial to go with the ones that affect your credit score. With better credit scores, people can access more loans with lower interest rates and fewer other requirements.

This goes without saying, but you should know the cost of the manufactured home purchase before taking out a personal property loan. 

You must determine the cost of living at mobile home parks and other fees outlined in a park and lease agreement. This gives you a good idea of how much you need for your mobile home financing.

Only after doing this should you consider taking out a personal loan to fund it. You may discover from your calculations that there may be better ways to go than a personal loan. 

On the other hand, it may also point you in the right direction, so you know what offer is acceptable and which is not after you apply for the loan.

Comparing loan offers ensures you can get the best terms. Don’t think that because you can’t accept an offer that doesn’t meet your needs. There are many lenders with competitive rates. 

You will find reasonable rates if you are patient and research well. Never assume your first offer is the best.

FAQs Regarding Mobile Home Loans

If you are applying for a mortgage, you have to pay a percentage of the cost of the home. Depending on how large or small the percentage you pay is, you may get a mortgage with favorable repayment terms or much more stringent terms.

Mortgage loans are secured with your property; one usually needs satisfactory credit to take out a mortgage. Personal loan repayments are also easier to negotiate than a traditional mortgage if you cannot repay them. There is also no down payment requirement; shorter loan periods mean you might save more with a personal property loan than with a mortgage.

Federal housing administration loans are not direct loans from the FHA. Rather, an FHA loan is provided by regular private lenders. As a result, they have lower interest rates than conventional loans. They also allow for a low down payment of 3.5% on the home you want to buy.

VA stands for Veteran Affairs. The home loan is still from private individuals, but if you have the VA backing the loan, you get a better chance of good offers.

In these situations, you can contact your lender directly to explain the situation. You do not have to wait until you are unable to pay back to do this. You may get an extended payment date or revised repayment structure that better suits your financial state.

Also, some platforms that connect you to these lenders may be able to advise you on what to do.

Yes, it is possible to find mortgage loans allowing long duration for debt repayment. However, you cannot get a 30-year personal loan. Instead, you can take smaller personal loans to improve your credit before approaching institutions that can give you such a loan.

Yes, you can qualify for a mobile home loan with bad credit, but credit scores play a major role in determining it. There may be other factors that your lender will consider to give you a loan.

Conclusion: What credit score do you need for mobile home loan?

The service providers highlighted in this review are tailored to provide the best loan experience for customers with bad credit. 

Remember that they simply connect you to lenders while these lenders dictate the terms of your loan.

Beware of loan scams and try to verify the identity of your lenders. Do not apply for loans on shady websites that can steal and sell your information.

Many of these loan sites have helpful materials, and you may get free professional advice by walking into the bank and asking questions.

The sooner you get your credit score up and improve your financial life, the better for you.

About the author

Shatakshi Sinha

Share this Article