Episode Details
Back to EpisodesWhy Credit Scores Don’t Mean Much In Affordable Housing
Episode 284
Published 3 years ago
Description
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.