Frequently Asked Questions

If you don’t find your answer, feel free to call 707-226-9936 or use our online form.

What are the rates for manufactured homes?

Manufactured homes are treated individually, case by case. Your rate depends on the year of the home, your down payment, and your credit history.

How old of a manufactured home can you receive financing on?

Manufactured home financing homes are available for 1960 and newer.

How long does it take to get approved?

We can pre-qualify you over the phone; however once we get your application, an approval can take 2 business days.

Can I refinance getting cash out?

Yes. Manufactured homes can receive cash out when refinanced.

Can I find financing if I have had a bankruptcy, foreclosure, repossession, or short sale recently?

Yes. Manufactured home refinancing is available

Can I buy a home if I own other homes?

Yes. A minimum of 20% down payment is required and your income needs to support the payment.

What credit score do I need?

Manufactured homes require a minimum credit score of 600.

Can I buy a home for someone else?

“Buy For” programs are available for manufacture homes borrowers.

Are the rates adjustable?

No. Our Manufactured homes loans are fixed rates.

Will my home be paid off at the end of my loan?

Yes. All loans offered are fully amortized and paid off at the end of your loan term.

Can I get a loan if I am self-employed?

Yes. Manufactured home financing loans are available with or without tax returns for self-employed individuals.

Can I borrow money if the home does not have a foundation?

Yes. Manufactured home financing is available without a HUD approved foundation.

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Change your hope for a new home into reality. Fill out our no-cost loan application and find out how our family can help yours get into a new home.

Loan App

Loan Information

Mobile Magic generates loans and originates financing for mobile home buyers and owners. We serve both purchasing and refinancing for manufactured homes. Give us a call today and see what we can do for you. Trust Mobile Magic to provide full loan servicing information when securing a loan for a mobile/manufactured home. We are recommended by many larger banks and credit unions throughout California, because we search nationwide to find the rate that works best for you!

Purchasing

Finance homes 1960 and newer
Credit scores as low as 600
Finance single, double, or triple wide manufactured homes
“Buy for” program available
Self employed financing available
Bad Credit? We may be able to help!

Refinancing

We can refinance manufactured homes from 1960 and newer. We have cash out refinancing available for manufactured homes as well as rate and term refinancing available for manufactured homes.

Credit Score Requirements

Do you have questions regarding the minimum credit score you need in order to obtain a loan? Call us today, or fill out a loan application to eliminate the guesswork! You may also review a few of the general guidelines in order to receive financing for a mobile / manufactured home below:

Year of Home	Minimum Credit Score	Term	Minimum Down Payment
2018 – 1977	650	Up to 23 years	5%
1976 – 1960	600	Up to 23 years	20%
2018 – 1960	600 or below	Up to 23 years	35%

Have more questions?

Use or online form with below link or feel free to call us at 707-226-9936. We are happy to help.