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Minimum credit score of 550. Triad's program is not guaranteed solely by credit scores, all applicants must meet other program guidelines to qualify. Cosigners will be considered on a case by case basis to help applicants who lack seasoned or established credit.
In many cases, a foundation certification is required on a manufactured home to verify that the foundation is present, permanent, and functional. A permanent foundation is one that is ?constructed of durable materials (concrete, mortared masonry, treated wood) and be site built?.
5 Ways to Add Value to Your Manufactured Home Make Energy-Efficient Updates. ... Upgrade Appliances and Accessories. ... Move to a Manufactured Home Community. ... Add Curb Appeal to A Manufactured Home. ... Apply a Fresh Coat of Paint.
Tips to Help Increase the Equity of Your Mobile House Regular maintenance, repair, and cleaning go a long way in maintaining the value of the home. Renovating your mobile home can also increase its value significantly. Additionally, you can increase home equity by paying off your mortgage as soon as possible.
Location! Now, it is impossible to say that all mobile homes will always appreciate over time or retain its value. But, contrary to popular belief, mobile homes' values do tend to appreciate over time rather than depreciate. In fact, mobile homes generally increase in value at the same rate as other homes in the area.