credit references

[Linda]

I would like to make a purchase in a mobile home community. My concern is that in the application process, a credit check is done. Because of health problems I have been on short term disability twice, could not return to work at one job and probably have had every credit problem I could. My solution has been to sell my home and pay off my debts. I will be able to pay cash for a mobile home and not have a problem paying space rent, but will I ever be considered a qualified applicant with my credit history? Should I even mention it up front? Thanks.

[Chrissy Jackson]

Yes, you should definitely mention your credit history up front. The reason for a credit is the somewhat flawed assumption that "history repeats itself" in that if you haven't paid your bills in the past, you won't in the future. Get yourself organized for the application process. Be prepared to show bank statements proving that you can pay cash for the home you want. Also prove income so there is no doubt that you will be able to pay the lot fees in the future. Then, take copies of all information to leave with your application. If you are turned down, reply to the letter as instructed for more information. Good luck to you! And, by the way, there are folks out there who own or manage a community who will approve you with the above information.

[Linda]

Chrissy, thank you so very much for the reply! Linda