Best Options For Bad Credit Mobile Home Loans Of 2024

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

Mobile homes are experiencing a surge in demand and popularity due to their cost-saving, as are the bad credit mobile home loans guaranteed approval. These loans help you make the right investment into mobile homes that are more cost-effective than traditional ones.

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 2024:

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 securely connects lenders to borrowers. With over 2 million users, the process is seamless from start to finish, and it offers both payday loan options and bad credit mobile home loans guaranteed approval.

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 receive an offer instantly, after which you will receive the loan terms, which 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 regarding your bad credit mobile home loans guaranteed approval. 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 when you’re desperate 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. The activity for which you want to use the loan is up to you, and with a maximum loan amount of $35,000, you’ll find it helpful for a manufactured home loan.

You can receive your loan money from Personal Loans in as fast as one business day, and your repayment period will usually range from 90 days (three months) to 72 months (six years). 

To facilitate the personal 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 bad credit mobile home loans guaranteed approval 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 people regardless of their credit scores. Like other names on this list, it is a service provider that connects you to the best lenders available. 

Furthermore, all the data you fill in on their site is safe. CashUSA is a reputable brand that has maintained 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 and $10,000, and CashUSA lenders will deposit the money as soon as the next working day after your loan request is approved.



  • 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 Mobile Home Loans With Bad Credit?

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 difficult 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 loans to people with bad credit scores. Then, we did background searches of all the service providers. We quickly eliminated illegitimate lenders 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 compared these platforms to the criteria. Ultimately, we came up with the top five 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. However, 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. You can also check out personal loans that don’t require income proof.

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 which offer is acceptable 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. 


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

FAQs Regarding Mobile Home Loans

Typically, you should have a credit score 620 to qualify for a home loan. However, some lenders may also offer home loans to borrowers with a lower credit score 500. Whether you are eligible for a particular home loan depends on your income, loan-to-value ratio, and debt-to-income ratio.

Your property secures mortgage loans; 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.

FICO is the credit score that most lenders use to evaluate an applicant’s credit risk. To finance a mobile home loan, you’ll need a minimum FICO score of 580 to 620. If your score is lower than this, you can still get a loan, but you may have to pay a higher interest rate or a bigger down payment.

In these situations, you can contact your lender directly to explain the situation. You do not have to wait until you cannot pay back to do this. You may get an extended payment date or a revised repayment structure that better suits your financial state. Also, some platforms that connect you to these lenders can advise you on what to do.

Yes, it is possible to find mortgage loans that allow long debt repayment periods. 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 be eligible for a mobile home loan with bad credit, but your exact score plays a major role in determining your eligibility. Your lender may consider other factors before giving you a loan.

Bad credit mobile home loans in the USA typically require a credit score of at least 500-580, a down payment ranging from 5% to 20%, proof of income, stable employment history, and a debt-to-income ratio below 50%. Applicants may need to provide documentation such as tax returns, bank statements, and rental history.

Lenders like Money Mutual, Bad Credit Loans, and Fundjoy offer guaranteed approval for bad credit mobile home loans. They consider factors beyond credit score, such as income stability, employment history, and down payment, to accommodate applicants with less-than-perfect credit.

The maximum amount you can borrow with a bad credit mobile home loan generally ranges from $20,000 to $100,000. Other factors, such as your income, credit history, loan term, and the lender’s policies, affect your maximum loan amount. Some lenders can offer even higher limits for qualified borrowers.

Interest rates for bad credit mobile home loans typically range from 7% to 15% but can be higher for borrowers with poor credit. Credit score, loan term, down payment, and lender policies also influence the rate. Some lenders may offer fixed or variable rates based on individual circumstances.

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.

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