Financing

First Credit Corporation offers exceptional financing for Manufactured / Mobile Homes.  We pride ourselves on having the best service and programs in the manufactured housing industry. Whether you are purchasing a new or pre-owned manufactured home or you are interested in re-financing an existing mobile home loan, we are the right company for you.

Can We Get You the Manufactured Home Loan You Want?

We work as hard as we can to get you the best loan possible, here are a few things to keep in mind before you apply:

Location

Make sure the home is located in a state where we do business.  Currently we are in Connecticut, Delaware, Massachusetts, New Jersey, New York (including Long Island), Pennsylvania and South Carolina.

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Land Lease Communities

The home must be located in a land lease community, commonly referred to as a manufactured home community or a mobile home park.

How Is Your Credit?

You must have relatively good credit.  Typically, a 650 credit score is required.

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Down Payment

A cash down payment is required on the purchase of your home. Generally, you will need a minimum of 10%.

Our Process Is Fast and Simple

To apply you will need to know the year, make and size of the manufactured home as well as the selling price and lot rent.

There are absolutely no application fees.

You can simply fill out our secure online financing application.  Generally, we have an answer within one business day. You will receive a commitment letter which explains the conditions of your loan approval.

You will typically need to provide us some documents prior to scheduling your closing.

These may include:

  • Proof of your income
  • Proof of your down payment
  • Copy of your ID or driver’s license

The closing usually takes place at a convenient location such as the home, the realtor’s office or the park office. Our representative travels to you and the seller gets paid on the spot.