FREQUENTLY ASKED QUESTIONS

Q: What Credit Score is needed for a Arizona trailer home mortgage?
A: JCF Lending Group is an A paper lender, we need good to excellent credit. Currently our minimum credit score is an Equifax 660. We will look at lessor scores on a case by case basis. In all cases you must have provable income and cannot be currently behind on your bills. JCF primarily uses Equifax Credit, but may also use Experian and Trans Union. We will look at lesser scores on a case by case basis. In all situations, you must have a minimum of 4 years credit history in order to qualify for a mobile home mortgage. There are no exceptions.

Q: My Realtor wants a Pre-Approval Letter, Why?
A: This means that your realtor does not want to waste their time. Many times we hear of realtors who demand a pre-approval letter prior to letting potential customers view homes and/or listings. This is the sign of a lazy realtor and one that should be avoided. Asking a potential buyer for a pre-approval letter should be viewed as a direct insult to any potential buyer. They normally ask this when they feel that your not serious or doubt your credit worthiness.

Q: What about consumers with poor or fair credit?
A: Unfortunately our low rates do not allow for us to make risky loans. There are a few lenders in our industry that will accept customers with fair or poor credit.

Q: How long does it take to get approved with JCF Lending Group?
A: If you apply by phone, normally 15 minutes. If you apply online, normally 12-24 hours. Some applications may take slightly longer in cases where additional information is needed. If you need an answer fast, simply call us at (866) 967-0143.

Q: Does JCF offer land & Arizona trailer home financing?
A: No. JCF Lending Group is a Arizona trailer home only lender, if there is land or acreage involved in your transaction, we are not the