Licensed Mobile Home Broker in the State of Florida. Buy and Sell Mobile Homes with Us!

Are you in the market for a new mobile home in Florida or looking to refinance your existing mortgage? Securing a loan can be a daunting task, but with 21st Mortgage, the process has never been easier. In this step-by-step guide, we’ll walk you through everything you need to know about how to secure a loan with 21st Mortgage in Florida – from preparing your financial documents to closing on your dream manufactured home. With our expert tips and guidance, you’ll be well on your way to securing the funding you need for your next big move!

What is 21st Mortgage?

If you’re looking to buy a mobile home, you may wonder if 21st Mortgage is the right lender for you. Here’s what you need to know about 21st Mortgage and how to secure a loan with them.

21st Mortgage is a direct lender that offers financing for manufactured homes. They have been in business since 1995 and are headquartered in Knoxville, Tennessee. 21st Mortgage is a subsidiary of Clayton Homes, which is the largest manufacturer of modular and manufactured homes in the United States.

One of the benefits of working with 21st Mortgage is that they have a wide variety of loan programs available. Whether you’re looking for a conventional mortgage or something more specialized like an FHA loan, 21st Mortgage has a program that will fit your needs.

Another benefit of working with 21st Mortgage is their experience. They have closed over 200,000 loans and have a team of experts who are ready to help you through the entire process.

Mobile Homes Like this can Secure a 21st Mortgage Financing

Mobile Homes Like this can Secure a 21st Mortgage Financing

Qualifications for a Loan with 21st Mortgage

If you’re looking to secure a loan with 21st Mortgage, there are a few things you’ll need to do. 

First, you’ll need to fill out an application. You can do this online or in person at a 21st Mortgage branch. Once you’ve submitted your application, a loan officer will review it and determine if you’re eligible for a loan. If you are, they will work with you to determine the best loan option for your needs. 

They will also provide you with a list of documents that you’ll need to provide in order to complete the loan process. These may include items such as tax returns, pay stubs, and bank statements. Once you have all of the required documentation, you’ll meet with the loan officer again to finalize the details of your loan and sign the paperwork. Then, all that’s left is to wait for your loan to be funded!

Additionally, you must be aware of the following requirements before you take action.

  1. Your credit score will be one of the most important factors in determining your mortgage terms. A higher credit score means better interest rates and loan terms. If your score is on the lower end, you may still be able to qualify for a loan, but it’s important to shop around and compare rates before making a decision.
  1. Income and employment history are also important factors in qualifying for a loan. Lenders will want to see that you have a steady income and a good employment history in order to approve you for a loan.
  1. You’ll also need to have some money saved up for a down payment on your mobile home. The amount you’ll need will vary depending on the type of loan you’re applying for, but it’s typically around 3-5% of the purchase price of the mobile home.

Aside from the three most important requirements above, you must be:

  1. You must be at least 18 years old 
  1. You must be a U.S. citizen or permanent resident 
  1. You must have a valid social security number 
  1. You must have a property that meets 21st Mortgage’s underwriting standards

Meeting these requirements and qualifications will put you in the best position possible to secure a loan with great terms.

How to Apply for a Loan with 21st Mortgage

To apply for a loan with 21st Mortgage, you’ll need to follow these steps:

  1. Check your credit score and report. You can get a free copy of your credit report from each of the three major credit bureaus – Experian, Equifax, and TransUnion – once every 12 months. Check your credit score to see where you stand and identify any errors on your credit report that could be holding you back from getting a loan.
  1. Find a lender. Once you know your credit score and have an idea of the type of loan you’re looking for, it’s time to find a lender. You can start by checking out 21st Mortgage’s website, which offers loans specifically for manufactured homes.
  1. Get pre-approved for a loan. Before you start shopping for your manufactured home, it’s important to get pre-approved for a loan. This will give you an idea of how much money you can borrow and what kind of interest rate you’ll be paying. To get pre-approved, you’ll need to provide some basic information about yourself and your finances, including your income, debts, and assets.
  1. Shop around for the best deal. Once you’ve been pre-approved for a loan, it’s time to start shopping around for the best deal on your manufactured home. Be sure to compare prices from different dealerships and financing options to make sure you’re getting the best deal possible.

Advantages of Securing a Loan with 21st Mortgage

There are a few advantages of securing a loan with a 21st Mortgage. First, you’ll likely be able to secure a lower interest rate than if you went with another lender. Second, 21st Mortgage has a good reputation and is known for being easy to work with. They offer a variety of loan products, so you’re likely to find one that meets your needs.

Mobile Home

Mobile Home

Disadvantages of Securing a Loan with 21st Mortgage

If you’re considering securing a loan with 21st Mortgage, it’s important to be aware of the potential disadvantages. 

First and foremost, 21st Mortgage is a private lender, which means they are not subject to the same regulations as banks and other financial institutions. This can make it difficult to get approved for a loan, and if you are approved, the interest rates may be higher than you’d find elsewhere. 

Additionally, 21st Mortgage loans are typically only available for purchase transactions – so if you’re looking to refinance or take out a mobile home equity loan, you’ll need to look elsewhere.

Payment System and Process

The first step in securing a loan with 21st. Mortgage is to set up a payment system and process that works for you and your family. There are a few things to consider when doing this:

  • How often do you get paid? This will determine how often you need to make mortgage payments.
  • How much can you afford to pay each month? This will help you determine the loan amount and terms that are right for you.
  • What type of payment system do you want to use? You can choose from various options, including direct deposit, automatic withdrawal, or online bill pay.

Once you have considered these factors, you can begin the process of setting up your payment system.

Alternatives to Securing a Loan with 21st Mortgage

If you’re looking to buy a mobile home, but don’t have the funds for a down payment or aren’t sure you’ll qualify for a loan, there are a few alternatives to securing a loan with 21st Mortgage.

One option is to look into government-backed loans, such as those offered by the Federal Housing Administration (FHA). These loans typically have lower credit requirements and down payments than conventional loans. Another option is to work with a co-signer who can help you qualify for a loan.

You may also be able to find lenders that offer special financing programs for first-time homebuyers or those with limited incomes. These programs can help you get access to affordable financing.

If you’re not able to secure a loan through 21st Mortgage, there are still plenty of options available to help you finance your home purchase. Talk to a lender about your options and find the right solution for your needs.


Securing a loan with 21st Mortgage may seem like a daunting task, but with the help of this guide, you can make the process much simpler and stress-free. With careful research and consideration of your finances and credit score, you can find the right loan option for your needs. And once that’s done, all that’s left to do is submit an application and wait for approval. If approved for financing from 21st Mortgage Corporation, you will be one step closer to realizing your financial goals!


The Mobile Home Dealer is not a financial institution and is neither connected to 21st Mortgage. Information in this article is taken from various verified sources online and should not be considered a piece of legal financial advice.

See Also:

Reset password

Enter your email address and we will send you a link to change your password.

Get started with your account

to save your favourite homes and more

Sign up with email

Get started with your account

to save your favourite homes and more

By clicking the «SIGN UP» button you agree to the Terms of Use and Privacy Policy
Powered by Estatik