Need a loan for your mobile home? Where to start: a quick guide. - Granger Mobile Homes

February 19, 2024

Need a loan for your mobile home?

Where to start: a quick guide.

Preparation is Key.

Embarking on the journey of purchasing a mobile home is a significant milestone. At Granger Mobile Homes, we’re not just about guiding you to your perfect home; we’re also about ensuring you secure the best financing to make that dream a reality. That’s where 21st Mortgage comes into play. With their specialized products tailored specifically for mobile home financing, they’re our top recommendation for turning your home ownership dreams into tangible reality. Here’s a streamlined 4-step process to prepare you for applying for a loan:

Step 1: Your budget, your way. 

Before you even start, consider tracking what your spending habits are currently. If you are able, then start saving a stash of your income. Setting aside a small amount of money each month is a crucial step in saving for a deposit. This habit may seem modest at first, but it’s an effective way to gradually build up the necessary funds. If there isn’t any wiggle room in your budget currently, you may have to make some cuts. Do you have too many subscriptions? Services you no longer use? Unnecessary shopping? It will look different from person to person but to achieve the savings you may consider implementing a budget. This budget will be essential, as it provides a clear financial roadmap. Maintaining discipline in spending and exercising fiscal self-control are key components of this strategy. Over time – which could be a few months or even a year, or years,  these consistent efforts, though they start small, will yield significant results, transforming modest savings into a substantial sum.

Step 2: Crunch your credit score.

The concept of lifting your credit score is crucial for financial health and opens doors to various opportunities like securing your home loan and getting a lower interest rate. Your credit score is a reflection of your creditworthiness and is influenced by several key elements. One of the most significant factors is your payment history, which demonstrates your reliability in paying off debts on time. Equally important is the amount owed, or your credit utilization, which is the ratio of your current debt to your credit limit; lower utilization generally leads to a higher score. The length of your credit history also plays a role, with a longer credit history typically viewed more favorably as it provides more data on your spending habits and repayment behavior.

Another critical element in determining your credit score is the types of credit used. This factor looks at the mix of credit accounts you have, such as credit cards, mortgages, and installment loans, and can reflect your ability to manage different types of credit. New credit is also a consideration, where opening several new credit accounts in a short period can be seen as risky behavior, potentially lowering your score. It’s important to understand these elements as they can significantly impact your financial standing. Regularly monitoring your credit score and understanding the factors that affect it are key to maintaining or improving your financial health. By being mindful of these components, you can take informed steps to lift your credit score, ensuring better financial stability and access to favorable credit terms in the future.

Step 3: The right home…FOR YOU.

Embrace your refined tastes without breaking the bank – it’s perfectly fine to have caviar dreams on a tuna fish budget, and at Granger, we’re all about celebrating affordable luxury. So, go ahead, dream big and spend smart! Choosing the home that fits your budget is much more satisfying to own than constantly living outside of your means. But that doesn’t mean you have to settle. Let’s talk about the things to consider when shopping for your dream home. 

Picking the right house size to fit your budget is a crucial step in the home-buying process. It’s essential to have a clear understanding of what you can afford before you start shopping for a home. This begins with determining your down payment capabilities. Whether you have a significant savings account, are sitting on a nest egg, or expecting a financial windfall, it’s important to carefully weigh your options. Calculate your available cash on hand, considering how it will affect your overall budget. This might mean having to tighten your belt in other areas of your spending to ensure you’re making a wise investment that won’t overextend your finances.

The second step involves stacking up your financial statements. It’s critical to gather all pertinent financial documents, including proof of employment, recent pay stubs, bank statements, and tax returns. These documents provide a comprehensive picture of your financial health, which is essential not just for your own understanding but also for presenting a strong case to potential lenders. Having this paperwork organized and ready to go is a crucial part of the home-buying process. It not only helps you understand your financial standing but also speeds up the process when you find the right house.

Finally, it’s important to go the distance and finish strong. This means conducting thorough research on various lender options and choosing the right fit for your financing needs. Different lenders offer varied terms and rates, so it’s important to find one that aligns with your financial situation and goals. Completing this step is akin to crossing the finish line in the home-buying process. Once you’ve secured the right financing, you’re almost home. By following these steps diligently, you can ensure that the house you choose is not only a perfect fit for your lifestyle but also comfortably within your budget, setting you up for long-term financial stability.

Step 4: Work off Monthly Debt

Working off your monthly debt is an essential strategy for maintaining financial health and stability. It involves closely examining and weighing your monthly spending habits against a carefully planned budget. This budget should compare your income to your expenses, providing a clear picture of where your money goes each month. By understanding this balance, you can make informed decisions about where to cut back, enabling more effective debt reduction and better financial management. By having this information at your fingertips, you should be able to confidently bring your budget to us at Granger and be in your own home in a snap. 

Wrapping it up. 

Beginning the process towards financial health and homeownership is undoubtedly challenging but immensely rewarding. Making the decision to get financially healthy is the first step in a journey that leads to long-term stability and the pride of owning your own home. This path, while it may have its ups and downs, is ultimately worth every effort. It’s a commitment to a better future for yourself and for your family. The journey towards financial health is about more than just numbers and budgets; it’s about setting goals, making plans, and seeing them through to fruition. The sense of accomplishment that comes with taking control of your finances and stepping into a home that is truly yours is incomparable.

While budgeting may not be the most glamorous topic, it is undeniably one of the most crucial and fulfilling decisions you can make. A well-planned budget is the cornerstone of financial health, providing a roadmap to manage your expenses and save for the future. It’s essential to remember that no matter what your current financial situation is, it’s never too late to start making changes. We invite you to visit us today to begin your journey. At Granger, we are committed to helping you every step of the way and to ultimately match you with your perfect home. Our dedicated team will be there to offer guidance, support, and the expertise needed to make your dream of homeownership a reality.

Aaron W.
Aaron W.
1712357843
My wife and I have been shopping for a house for over 10 years now. Kyle has the best customer service and we are so happy with our choice of coming here we will not buy a house from any other place, ever.I invite you to see for yourself just how amazing everyone here is! They take ownership and pride in what they do and your experience.Every interaction is addressed with care, love and politeness.
Angela K.
Angela K.
1712017925
What a great team of people! Highly recommend!
S C.
S C.
1711479198
Purchased a new home in the of October and beginning of November. We had it set up and we were living in it by the beginning of Dec. Fast, easy transition. All of our concerns were addressed. Kyle is easy to work with and lined us up with financing. Will buy another place from him!
Cristy R.
Cristy R.
1709757123
Great folks - fantastic homes- and tremendous service!!!!!!!
Sandy D.
Sandy D.
1709756441
Love, love Kyle Granger. He goes above and beyond with anything
Susan B.
Susan B.
1708786518
Mr. Kyle and the gang at Granger Mobile Homes have been absolutely wonderful and patient with us during the whole process. Received my new mobile home in record time. They are wonderful people and truly care about their customers. You can not find better service than Granger Mobile Homes.
Dillon G.
Dillon G.
1708127769
Kyle is a very knowledgeable person. Customer service is top notch. Highly recommend!!
Bradley P.
Bradley P.
1706558000
Absolutely the best place to purchase your new home from. Staff is awesome! Thanks a million Granger team!!
Christina H.
Christina H.
1705685421
This was our first manufactured home purchase for my son and I. The owner was so helpful in everyway. With getting us our help to taking care of the paperwork for our land.They have a big selection of homes in all price ranges and was able to take care of all our financing needs. Kyle was very generally responsive to our concerns . He was on my speed dial. He answered every one of my calls and text and if he didnt know the answer to my questions, he would get the answer and call me back..The foundation guys were excellent. The set crew was very professional and with real quality at work. The utility contractors were very reliable at installing the power , septic and water..we had a great experience with them all.
Lynk V.
Lynk V.
1705084342
Kyle is the man! Get with him for your new manufacture home.
tera H.
tera H.
1702778836
Granger mobile homes, great customer service from awesome people!
Cody W.
Cody W.
1702762932
Great customer care and overall great owners
Calvin M.
Calvin M.
1702752242
Price was great and service was great. Kyle and Heather made sure we were happy with all phases of the purchase.
Krystal M.
Krystal M.
1702747718
Kyle, his beautiful family and staff are wonderful! Grainger Mobile Homes is the #1 Mobile Home Dealer in Oklahoma. Kyle prides himself in customer service and has only the BEST quality homes.
Aaron D.
Aaron D.
1702743564
Great people..wonderful to deal with and get the job done..was an amazing experience
caitlin S.
caitlin S.
1702489258
Kyle is absolutely amazing!!! He went above and beyond for my family and I.He is such an amazing person to deal with and makes sure that you don’t leave unless you are 1000% happy!
Caitlin H.
Caitlin H.
1702489039
Kyle went above and beyond when I came to him to purchase a home for our family. He was straight forward, honest and most of all he did whatever he could to help me through the whole process!!! I hands down won’t go anywhere else besides Granger Mobile Homes!!
Alicia P.
Alicia P.
1702413828
Kyle and his staff were awesome to work with and made our home buying process so easy and were there to answer any questions we had! I would recommend Granger Mobile Homes to any one looking for a great buying experience!!
Kenny H.
Kenny H.
1694099623
Hands-down, the best experience ever in buying a home Kyle and his whole crew are nothing but top-notch people
Trevor S.
Trevor S.
1691940198
Would highly recommend Granger mobile homes. Customers are always satisfied! Even after the sale they go above and beyond making sure the customer is happy!
Tyden A.
Tyden A.
1691803330
If your looking for top notch service all all the way around !!GRANGER MOBILES HOMES!! Is the only way to go! From sales to service you can’t go wrong with these guys!
Lee N.
Lee N.
1690918126
Kyle has been wonderful at helping us! Thanks Kyle!
Alice E.
Alice E.
1690845346
Kyle and Heather did everything humanly possible to get me in my home in spite of the weatherWhat an awesome couple
Kolbey&Connor E.
Kolbey&Connor E.
1690494762
Great people and would recommend them to anyone. They helped every way possible!
Aaron M.
Aaron M.
1690254773
WOW!!!! Kyle and Heather are amazing people and great to work with! They made our experience quick and easy!! I love that to this day I can still call and ask questions and they answer the phone and always are willing to help!! Thanks!!
Tristan S.
Tristan S.
1689965578
Amazing people and treat their customers fabulous!! We bought our first house from them and the experience was A++!
Kate S.
Kate S.
1689436134
I would absolutely 1,000 % highly recommend granger mobile homes in Kiowa, Oklahoma. Kyle is the absolute best to work with and takes pride in selling these homes. He’s super personable and always keeps us updated. We made the best decision by choosing this establishment!! 🏠
Tara M.
Tara M.
1689005356
Great easy process. Everyone friendly and very helpful. Highly recommend doing business with Granger Mobile Home.
Kristi
Kristi
1688603740
Kyle and Heather are absolutely amazing! If I could give them a 10 I would. Every detail of our home buying process was perfect from start to finish. We will recommend them, and Tyden and crew, all day long! Thank you guys for everything ❤️
Leslie B.
Leslie B.
1687461905
This business has the kindest and greatest people ever! They go above and beyond to try and find the best home for ur family. They are willing to help in any way that they can and even if u don't get a house with them in the end. They still treat u like family. If I am ever in the need to buy a mobile home this is the only place I am goin or sending anyone that I know to. Y'all are the true meaning of what good people are. I wish u and ur family the best future ever possible. With best wishes from the Ayers.
William T.
William T.
1687375479
Amazing sales and service, keep up the great work Kyle!!!
Austin B.
Austin B.
1687048693
Go see Kyle at Granger Mobile Homes for a great house buying experience. His customer service is stellar and makes sure each customer leaves happy. Keep up the great work Kyle!
Shelly
Shelly
1687045291
My husband and I shopped around for a mobile home for awhile . Then we see granger mobile home on Facebook so we went and looked at what they had . We met Kyle and Heather and next thing we knew we were buying our home. Kyle and Heather and all the crew that helped get our home moved and set up are awesome they really do treat you like family and they make sure that if something is wrong they get it took care of immediately. So if you want a really good deal on a new home I highly recommend Granger Mobile Home.
Roslyn H.
Roslyn H.
1681841167
Granger Mobile Homes is the place to buy your home! They provide excellent customer service, and they handle everything with care and attention to detail. We could not be happier! Thank you, Kyle and Heather!
patience M.
patience M.
1681233408
Kyle took such great care of us! What an exciting experience! Everything went so quickly and they had great communication 🤗
Alanna R.
Alanna R.
1678828009
After my first conversation with Kyle, I told my husband that we would be purchasing a home through Granger. The home we chose (the Lizzie) was priced $20,000 less than their competitors and took 5 days to close. I have already heard from the movers as well!!! We are excitedly awaiting our new home. Would highly recommend Granger Mobile Homes in Kiowa, OK!!!
Scott B.
Scott B.
1678241407
Kyle is excellent to deal with! Makes buying a breeze!! A++++ 👍🏻
oakley B.
oakley B.
1678236753
Kyle and Heather are some of the best and sweetest people I’ve met! Everything about our experience was so easy and perfect. We recommend you getting your new home here!
Eddie W.
Eddie W.
1678108675
This is where you need to go if you are considering buying a new home. Best prices and the best people to deal with.
Taylor S.
Taylor S.
1677541872
Amazing people to work with. Everything was super easy to get done and quick!
Breanna M.
Breanna M.
1677287014
Beautiful homes for an amazing price and an awesome family to help you along the process !
Tabitha R.
Tabitha R.
1676156900
I’ve had the pleasure of referring several clients to the Granger’s and they have gone above and beyond to help make the process smooth and easy. I strongly recommend them to anyone shopping for a home.
Mate S.
Mate S.
1674691387
Kyle is the most genuine of all the mobile home places we ever visited. We plan on getting a house from him soon and look forward to it!
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Aaron W.
Aaron W.
1712357843
My wife and I have been shopping for a house for over 10 years now. Kyle has the best customer service and we are so happy with our choice of coming here we will not buy a house from any other place, ever.I invite you to see for yourself just how amazing everyone here is! They take ownership and pride in what they do and your experience.Every interaction is addressed with care, love and politeness.
Angela K.
Angela K.
1712017925
What a great team of people! Highly recommend!
S C.
S C.
1711479198
Purchased a new home in the of October and beginning of November. We had it set up and we were living in it by the beginning of Dec. Fast, easy transition. All of our concerns were addressed. Kyle is easy to work with and lined us up with financing. Will buy another place from him!
Cristy R.
Cristy R.
1709757123
Great folks - fantastic homes- and tremendous service!!!!!!!
Sandy D.
Sandy D.
1709756441
Love, love Kyle Granger. He goes above and beyond with anything
Susan B.
Susan B.
1708786518
Mr. Kyle and the gang at Granger Mobile Homes have been absolutely wonderful and patient with us during the whole process. Received my new mobile home in record time. They are wonderful people and truly care about their customers. You can not find better service than Granger Mobile Homes.
Dillon G.
Dillon G.
1708127769
Kyle is a very knowledgeable person. Customer service is top notch. Highly recommend!!
Bradley P.
Bradley P.
1706558000
Absolutely the best place to purchase your new home from. Staff is awesome! Thanks a million Granger team!!
Christina H.
Christina H.
1705685421
This was our first manufactured home purchase for my son and I. The owner was so helpful in everyway. With getting us our help to taking care of the paperwork for our land.They have a big selection of homes in all price ranges and was able to take care of all our financing needs. Kyle was very generally responsive to our concerns . He was on my speed dial. He answered every one of my calls and text and if he didnt know the answer to my questions, he would get the answer and call me back..The foundation guys were excellent. The set crew was very professional and with real quality at work. The utility contractors were very reliable at installing the power , septic and water..we had a great experience with them all.
Lynk V.
Lynk V.
1705084342
Kyle is the man! Get with him for your new manufacture home.
tera H.
tera H.
1702778836
Granger mobile homes, great customer service from awesome people!
Cody W.
Cody W.
1702762932
Great customer care and overall great owners
Calvin M.
Calvin M.
1702752242
Price was great and service was great. Kyle and Heather made sure we were happy with all phases of the purchase.
Krystal M.
Krystal M.
1702747718
Kyle, his beautiful family and staff are wonderful! Grainger Mobile Homes is the #1 Mobile Home Dealer in Oklahoma. Kyle prides himself in customer service and has only the BEST quality homes.
Aaron D.
Aaron D.
1702743564
Great people..wonderful to deal with and get the job done..was an amazing experience
caitlin S.
caitlin S.
1702489258
Kyle is absolutely amazing!!! He went above and beyond for my family and I.He is such an amazing person to deal with and makes sure that you don’t leave unless you are 1000% happy!
Caitlin H.
Caitlin H.
1702489039
Kyle went above and beyond when I came to him to purchase a home for our family. He was straight forward, honest and most of all he did whatever he could to help me through the whole process!!! I hands down won’t go anywhere else besides Granger Mobile Homes!!
Alicia P.
Alicia P.
1702413828
Kyle and his staff were awesome to work with and made our home buying process so easy and were there to answer any questions we had! I would recommend Granger Mobile Homes to any one looking for a great buying experience!!
Kenny H.
Kenny H.
1694099623
Hands-down, the best experience ever in buying a home Kyle and his whole crew are nothing but top-notch people
Trevor S.
Trevor S.
1691940198
Would highly recommend Granger mobile homes. Customers are always satisfied! Even after the sale they go above and beyond making sure the customer is happy!
Tyden A.
Tyden A.
1691803330
If your looking for top notch service all all the way around !!GRANGER MOBILES HOMES!! Is the only way to go! From sales to service you can’t go wrong with these guys!
Lee N.
Lee N.
1690918126
Kyle has been wonderful at helping us! Thanks Kyle!
Alice E.
Alice E.
1690845346
Kyle and Heather did everything humanly possible to get me in my home in spite of the weatherWhat an awesome couple
Kolbey&Connor E.
Kolbey&Connor E.
1690494762
Great people and would recommend them to anyone. They helped every way possible!
Aaron M.
Aaron M.
1690254773
WOW!!!! Kyle and Heather are amazing people and great to work with! They made our experience quick and easy!! I love that to this day I can still call and ask questions and they answer the phone and always are willing to help!! Thanks!!
Tristan S.
Tristan S.
1689965578
Amazing people and treat their customers fabulous!! We bought our first house from them and the experience was A++!
Kate S.
Kate S.
1689436134
I would absolutely 1,000 % highly recommend granger mobile homes in Kiowa, Oklahoma. Kyle is the absolute best to work with and takes pride in selling these homes. He’s super personable and always keeps us updated. We made the best decision by choosing this establishment!! 🏠
Tara M.
Tara M.
1689005356
Great easy process. Everyone friendly and very helpful. Highly recommend doing business with Granger Mobile Home.
Kristi
Kristi
1688603740
Kyle and Heather are absolutely amazing! If I could give them a 10 I would. Every detail of our home buying process was perfect from start to finish. We will recommend them, and Tyden and crew, all day long! Thank you guys for everything ❤️
Leslie B.
Leslie B.
1687461905
This business has the kindest and greatest people ever! They go above and beyond to try and find the best home for ur family. They are willing to help in any way that they can and even if u don't get a house with them in the end. They still treat u like family. If I am ever in the need to buy a mobile home this is the only place I am goin or sending anyone that I know to. Y'all are the true meaning of what good people are. I wish u and ur family the best future ever possible. With best wishes from the Ayers.
William T.
William T.
1687375479
Amazing sales and service, keep up the great work Kyle!!!
Austin B.
Austin B.
1687048693
Go see Kyle at Granger Mobile Homes for a great house buying experience. His customer service is stellar and makes sure each customer leaves happy. Keep up the great work Kyle!
Shelly
Shelly
1687045291
My husband and I shopped around for a mobile home for awhile . Then we see granger mobile home on Facebook so we went and looked at what they had . We met Kyle and Heather and next thing we knew we were buying our home. Kyle and Heather and all the crew that helped get our home moved and set up are awesome they really do treat you like family and they make sure that if something is wrong they get it took care of immediately. So if you want a really good deal on a new home I highly recommend Granger Mobile Home.
Roslyn H.
Roslyn H.
1681841167
Granger Mobile Homes is the place to buy your home! They provide excellent customer service, and they handle everything with care and attention to detail. We could not be happier! Thank you, Kyle and Heather!
patience M.
patience M.
1681233408
Kyle took such great care of us! What an exciting experience! Everything went so quickly and they had great communication 🤗
Alanna R.
Alanna R.
1678828009
After my first conversation with Kyle, I told my husband that we would be purchasing a home through Granger. The home we chose (the Lizzie) was priced $20,000 less than their competitors and took 5 days to close. I have already heard from the movers as well!!! We are excitedly awaiting our new home. Would highly recommend Granger Mobile Homes in Kiowa, OK!!!
Scott B.
Scott B.
1678241407
Kyle is excellent to deal with! Makes buying a breeze!! A++++ 👍🏻
oakley B.
oakley B.
1678236753
Kyle and Heather are some of the best and sweetest people I’ve met! Everything about our experience was so easy and perfect. We recommend you getting your new home here!
Eddie W.
Eddie W.
1678108675
This is where you need to go if you are considering buying a new home. Best prices and the best people to deal with.
Taylor S.
Taylor S.
1677541872
Amazing people to work with. Everything was super easy to get done and quick!
Breanna M.
Breanna M.
1677287014
Beautiful homes for an amazing price and an awesome family to help you along the process !
Tabitha R.
Tabitha R.
1676156900
I’ve had the pleasure of referring several clients to the Granger’s and they have gone above and beyond to help make the process smooth and easy. I strongly recommend them to anyone shopping for a home.
Mate S.
Mate S.
1674691387
Kyle is the most genuine of all the mobile home places we ever visited. We plan on getting a house from him soon and look forward to it!
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