BadCreditJunction.com, a division of LoanJunction.com is one of a select few Manufactured Home lenders in America who actually does bad credit refinances & purchases for mobile home property owners. We will fund your loan with absolutely no consideration given to credit.   

Our bad credit Manufactured lending division will finance all credit scores and all years of mobile homes. Currently in  bankruptcy is ok. We handle foreclosure bailouts, collections, tax leins & bank reposessions. Whatever your situation we deliver bad credit mobile home loans within days!

Even if other creditors have turned you down because they consider you an extreme high risk, BadCreditJunction will evaluate your loan request based on value in the home rather than credit score. You can have your loan approved quickly and easily using the our online application.                

Our bad credit specialty division was created to give borrowers a second chance. We process and fund nothing but bad credit mobile home loans. These loans provide a second chance to some very good borrowers who have hit some temporary hard times.

Our 2-Step Guarantee

BadCreditJunction.com understands that your credit won't always be in such bad shape. We also understand that in most cases paying off all the bills can actually make the credit scores increase higher. That's why we offer a 2-Step Loan Guarantee. Our one of a kind 2-Step Guarantee is our written pledge that we will reprocess your loan to lower your payment without any points or junk fees as soon as your credit scores, income & value allows.

No Pre-Payment Penalty Option 

To further show our resolve to the bad credit community. Our dedicated staff have pioneered the only no pre-payment penalty bad credit mobile home loan in the United States. With a no pre-payment penalty loan option you are free to refinance to a lower rate & payment as soon as your credit and situation allows.                                       

Reparing The Bad Credit

We will attempt to help you re-establish you credit by getting hands on with your file, sometimes challenging negative items on your credit report, contacting creditors who wrongly state information & approving you for a loan that is going to allow you to pay bills to rebuild that credit. Our bad credit center is comprised of investors who understand that you need a chance to rebuild your credit and be approved for the loan that is going to accomplish this goal. 

Choosing The Right Loan

Finally, we need to choose the right mobile home loan for both you and your family. If you want the lowest payment possible then you might consider a minimum payment program. If we're trying to minimize the house payment payment without venturing into the interest only loans, then we can consider a longer term loan. Our staff will gladly show you all your loan choices from interest only to fixed loans.

Stop Forclosure

Stop Nagging Creditors

Eliminate High Interest Tax Leins

Consolidate Loans Into One Payment

Pay Off Credit Cards

Buy a New Car

Make Home Improvements

Home Remodeling

Take a Vacation

Bank Some Reserves for Hard Times

Start a New Business

In Fact...Anything You Dream Of

• Do You Need Money Fast?
• Have You Been Declined Before When You needed it most?
• Have You Been Told Your Home Doesn't Have Enough Value, Your Mobile Home is Too Old,  Or That You Don't Make Enough Income?
• Are You Tired Of Wasting Valuable Time On That Other Lender's Empty Promise?
• Are You Tired of Yes, Yes, Yes Until Your Credit Report is Pulled?

Then BadCreditJunction.com is For You 

 Mobile Home Loans Q & A  

• What is the Fico range for good, fair & bad credit rating with manufactured lending?
  Good credit is usually defined as the borrowers with few if any past or present collections, good income & credit over 680 fico. Fair credit borrowers would have more deragatories, lower income & credit from 600 fico to 679. Generally bad credit is those clients with a previous bankruptcy or significant current and past ongoing collections and/or leins, significant debt, lawsuits amd/or past or present ongoing foreclosure and a credit score of 599 and below. (in some cases credit score is not the only determining factor for a fair credit loan. We will always try to qualify you fair credit first)
• What is debt to income ratio?
  Debt to income ratio is the calculation used by us to determine how large of a loan balance your income can support. Typically this calculation is figured by adding all your bill's minimum payments due each month, your space rent & new mortgage payment divide by your gross income.
• What is the lowest down payment I can put down: for good credit 5% down on land home & in park. In some case we allow for 100% financing when getting the home at a significant valuation.
• What loan term will be best for me?
  This depends on your goals. If your goal is to pay off the home quicker then a shorter term is suggested. If your goal is lowest payment then a longer term is best.
• What will my closing costs be?
  Bad credit borrowers will usually have to pay points. Typically, our closing cost ranges from $2700 to $4800 depending on the loan size. (In some cases bad credit borrowers may require more closing cost depending on overwhelming negative factors)We do not have no closing cost programs for bad credit.
• Can I consolidate bills? Yes. In some cases we actually may have to pay bills to get your debt versus income inline.
• Can the seller assist with down payment?
  Not on good credit loans. In CA, OR & WA we have a program where the seller can assist with securing part of the risk in a bad credit mobile home purchase loan... they may also assist with closing cost, repairs, fire insurance and home warranty. We do allow gift for down payment. 
• What items must be prepaid?
  There are no pre-pay items. Typically we allow you to finance into your new bad credit purchase loan up to 2 year of fire insurace, 2 years of a home warranty program, closing cost and up to 6 months of space rent.
• How long is quoted interest rates good for?
  Called a rate lock, under normal instances we lock the rate for 60 days which is free to the client. 
• How long will the approval take?
  With a complete file and motivated client approvals take 30 minutes with loan closings in as quick as 3 days for bad credit.
• Will the loan have a prepayment penalty?
  Absolutely not. Even with a bad credit standing we won't be assigning a pre-pay penalty. 

• Experience.
  Founded in 1999, BadCreditJunction.com, the bad credit division of parent company LoanJunction.com has processed and funded 10's of thousands of bad credit mobile home loans.
• Customer Service.
  We are only as good as our last clients says we are. That's why with every customer we'll move mountains for the privilege to be your lender. With caring staff, 24 hour customer service & online account management we intend to move mountains for you for years to come.
• Financial Resources.
  LoanJunction.com is a national lender drawing upon over 4 billion in investment capital for our clients needs. 
• Track Record.
  You don't get to be a proud AAA rated Better Business Bureau company by doing things the wrong way. We intend to keep it that way.
• Community Support.
  We have a larger responsibility to support our clients long after the transaction is done. Please visit our Park Crime Prevention Page to join us in keeping our park communities safe and crime free; Also As rent control advocates, no one is more out spoken about keeping our parks free of exuberant & predatory rent increases.
• Technology.
  With an eye on the 22nd century, our client management services are second to none. Our award winning online operations coupled with 24 live customer service, automated bill pay and rate decrease notifications we stand at the forefront of mobile home lendings' long awaited technological revolution.
• Hands On.
  There are no substitutions for rolling up the sleeves to get the job done right. That's why each client is assigned a proven & considerate account executive to oversee the loan transaction from start to finish. This is your guy or gal in the trenches with their "hands on" approach.
• Accountability.
  Each staff member is 100% accountable to you and your needs. Whether the loan has unforeseen difficulties, or tough measures need to be taken, our staff from the president on down will always field your calls and/or concerns. 

BadCreditJunction.com
       800-9LEND99
        310-534-2041