EPISODE · Feb 21, 2023 · 10 MIN
Why Credit Scores Don’t Mean Much In Affordable Housing
from Mobile Home Park Mastery · host Frank Rolfe
Mobile home lenders set very low expectations on customer credit scores yet enjoy very low default rates. This seems to be contrary to all the physics of extending credit but it’s supported by fact. In this Mobile Home Park Mastery podcast we’re going to dig deeper into the topic of why a low FICO works just fine when it comes to customers buying mobile homes.
What this episode covers
Mobile home lenders set very low expectations on customer credit scores yet enjoy very low default rates. This seems to be contrary to all the physics of extending credit but it’s supported by fact. In this Mobile Home Park Mastery podcast we’re going to dig deeper into the topic of why a low FICO works just fine when it comes to customers buying mobile homes.
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Why Credit Scores Don’t Mean Much In Affordable Housing
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