JFC Lending Group provides financing for used mobile homes to applicants who have U.S. citizenship, consistent work histories, four-year credit histories, good to excellent credit and verifiable incomes, states the company. American Mobile Home Finance offers used mobile home loans for buyers who are at least 18 years old, have two-year work histories, and no bankruptcies or foreclosures within two years of their applications, states the company.
JFC Lending Group finances used mobile homes that are in good to excellent condition and have no need for major repairs, according to the company. It finances homes that are single or multi-section, exceed 700 square feet and are located in parks, in leased lots or on private property. The company requires that used mobile homes be set up on a lot prior to financing and have utilities intact. People applying for mobile home mortgages from JFC must intend to live or vacation in them.
American Mobile Home Finance issues loans for used mobile homes that are in good to excellent condition, exceed 840 square feet and are at least 14 feet wide, states the company. The company requires that financed homes be on existing lots with utilities and have skirting. American Mobile Home Finance offers fixed-rate financing with terms between seven and 20 years and a minimum loan amount of $20,000, as of 2015.