If you are thinking about purchasing a mobile home, Vue Community Credit Union is here to help!
We have compiled a list of things to know, along with all the necessary applications to begin the approval process with us. It is recommended that you apply before you've made an offer on a mobile home and get preapproved for a loan. Getting preapproved first allows you to shop with confidence.
Click here to download the loan application. (Internet Explorer users: To open the fillable loan application, simply click on the link. Mozilla Firefox users: To open the fillable loan application, right-click on the link and choose "Save Link As.") After you have printed and filled out all of the requested information in the form, either deliver it to one of Vue's branch locations, fax to (701) 224-0124, or email to email@example.com
You are welcome to schedule an appointment if you would like to get additional information.
To make the most out of your meeting, please come with the following information:
Married applicants may apply for individual credit. Please complete spousal information only if you are relying on their income or applying for joint credit. Income from alimony/child or spousal support payments need not be revealed unless you wish the Credit Union to consider them as a basis for repayment of debt.
Our MINIMUM down payment is 10% with approved credit. You may be asked for additional down payment if deemed necessary. Applicants buying a home for another family member (and will not be living in the mobile home) will be asked for a 20% or greater down payment.
Once you've applied for a mobile home loan, we strive to process your request in 48 hours or less. If you have a signed Purchase Agreement, please submit a copy to us.
Once you are preapproved, Vue Community Credit Union will then do a site visit to determine a collateral value. DO NOT ORDER a Home Inspection until Vue has determined that the mobile home is approved as collateral for the amount requested.