Impact of Credit Checks for Manufactured Housing Loan

Learn how soft credit checks and streamlined applications make financing your manufactured home easier.

 

 

How it works when you apply with multiple different lenders, if you apply with three lenders at a time, it consumes it into one like hit on your credit.

Typically our lenders use a soft credit check until we get down to the nitty gritty and go to close the home. And that's when they pull that full credit report to ensure that everything is within line.

They collected all the right conditions and they took in all measures before closing the home. But yes, it combines it into one if there's three lenders that you're looking to look into, but they are soft credit checks until we get down to the nitty gritty.