Are you considering purchasing a manufactured home but feel overwhelmed by the financing process? Look no further – Aiken Housing Center is your "One-Stop Shop" for all your manufactured home needs. Our team of professionals is dedicated to guiding you through the entire journey, from exploring financing options to finding the perfect homesite.

Navigating Manufactured Home Loans with Aiken Housing Center

Wondering if getting a mobile home loan is complicated? Let our knowledgeable Aiken Housing Centers professionals simplify the process for you. We compare options from our in-house finance company, local banks, and national lenders. Our licensed loan originators ensure that you're matched with a loan that suits your unique needs and preferences.

Understanding the Financials

Concerned about the financial aspects of purchasing a manufactured home? Let us break it down for you:

Down Payment: Typically 10% or more of the purchase price, depending on factors such as loan type, credit history, and debt-to-income ratio. However, there are many programs available that can get you into your new home for $0 down!

Purchase Price: Aiken Housing Center offers homes to fit any budget, ranging from under $75K to as much as $275K. We work with you to meet the needs and wants of your family.

Overcoming Credit Challenges

If your credit isn't the best, don't worry. Banks consider more than just your credit score; they evaluate income, down payment, job situation, and debt-to-income ratio. Pre-qualifying is the easiest way to find out if you qualify. Fill out the form online or consult with an Aiken Housing Center Professional to ensure nothing is overlooked.

WHAT IS DEBT-TO-INCOME RATIO?

Debt-to-Income (DTI) is crucial in the loan approval process. Ideally, it should be no more than 50% of your gross wages for comfortable living. Our team can help you understand and manage your DTI effectively.

Innovative Down Payment Options

Curious about down payment options? We understand the importance of flexibility and choice, so you can start your homeownership journey with confidence. Common ways to obtain a down payment are regularly saving part of your paycheck, receiving monetary gifts from relatives, or a withdrawal from a retirement account, such as 401(k).

Already own land? Some lenders accept land as collateral, making it a viable option for your down payment. Make sure the land has equity meeting a specific percentage of the sales price and is free from existing liens.

At Aiken Housing Center, we believe in making homeownership accessible to everyone. If you're facing challenges with your down payment, consider what you have to trade! We accept (almost) ANYTHING toward your down payment – older manufactured homes, cars, RVs, boats, and even lawn mowers. Give us a call, and we'll come to you to assess the trade value. Your path to homeownership might be closer than you think!

Getting Started with Aiken Housing Center

Ready to take the first step? Pre-qualify online at Aiken Housing Center Finance or visit our sales office at 190 Old Wagener Rd, Aiken, SC 29801. Bringing your ID and paystubs or other proof of income speeds up the process. Our licensed Aiken Housing Center Professionals are here to determine your goals and discuss financing options tailored just for you.

Choose Aiken Housing Center for a seamless journey into homeownership – where your dream home is just a step away!

The Ranch House