1,329 Sq Ft

3 Bedroom/ 2 Bath

Modular-starting low $60,000′s

Manufactured-starting upper $50,000′s

By:  Dustin Falling- Life Style Homes of Litchfield

Your credit rating has become a very important part of life in many areas.  Your score is even more important when you are seeking a modular home loan.  With a poor credit you will be paying a higher interest rate, may have less favorable terms or may be turned down completely.  Insurance companies have been using your credit rating as a repayment indicator for quit awhile now and even some employers are using this method in their hiring process.

This little break down will show you the things that influence your credit score.

-     The timeliness of your bill payments is 35% of your credit score.

-     The amount of debt you have is 30%.

-     The length of time you’ve had credit is 15%.

-     The number of recent applications is 10%.

-     The mix of credit (credit cards vs. loans) is 10%.

Generally, you can build a good credit score by paying your bills on time, keeping your credit card balances low, having a longer credit history, keeping your credit applications to a minimum, and having experience with both revolving (credit cards, etc.) and non-revolving (car/home loans, etc.) credit.

If your credit score has already dipped extremely low don’t ignore it because it won’t just go away. You need to make those past due accounts current and maintain and add credit.  Contact those you owe and get current.  Then it is just a matter of time and the credit score should rise like the temperature on a hot Minnesota summer day.

$53,900 (relocation not included)

2 Bath

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1,568 Sq Ft

3 Bedroom/2 Bath

Starting low $80,000′s