Does JCF offer a First Time Buyer Program?
Yes. We do not require previous mobile home ownership for an approval. This does not mean that we can can approve consumers with limited credit, as stated, we are an A paper lender. Unfortunately, this term is normally used by consumers with less than perfect credit. Buying your first mobile home should not be confused with trying to purchase with fair or poor credit. We do require a minimum of four (4) years of credit depth, with no less than two (2) years of Installment credit, which is normally, but not limited to an automobile loan. An applicant who is 20 years old, even though they have established credit, and paid their bills on time, would not meet our criteria because of the limited credit depth.
