Welcome to GCF Mobile Homes Blog

This Blog Has Content That Will Help You Better Understand Lending, Credit Management, How To Buy A Mobile Home, Clayton Homes, and The Overall Buying Experiance!

I am Glad To See You Here And Hope You Really Get A Lot Out Of It.

The First Thing You Need TO Know Is What to Expect And Where Your Budgeting Is. So, You Really Need To Understand Your Credit Situation. There Is A Banner Below That Gives You All Three Reports and Will Not Harm Your Score When You Check It Like It Will At Car Dealerships And Other Places.

Knowing Your Credit Can Save You A Lot Of Time As Well As Money. Check It And Print It Up To Take In To Your Housing Consultant So That He/She Can Give You A Good Game Plan To Follow In Buying Your New Dream Home!

Glenn Fraley

Where Do I Start When Buying A Mobile Home?

When you first start in the process of buying a mobile home, you must form a game plan as you would in any other project. Your driving goals should be your budget and your time frame for buying and moving into the mobile home.

You should also find a Housing Consultant that your can communicate well with. Communication is key when making the process smooth and easy.

When you plan out your budget and time frame, you should now make a needs & dreams list for options in your mobile home and map them out.

Now you are ready to find out your credit score to help narrow or widen your budget plans. Your credit score can help you determine what kind of downpayment and interest rates you might have to consider with your budget.

Now that you have firmed up your horizons, you can go out and look for the dream home you always wanted and find a good Housing Consultant. Take your time frame and budget information with you as well as your options list and credit report to help the Housing Consultant get your needs met properly.

Clayton Homes Product

Clayton Homes Understands that their customers strive for the best in life. So, for that reason, their team members contain an endless commitment to provide excellence in all aspects of the home buying experience. That commitment to building the best-valued homes has earned the industry's respect, as Clayton is the only cmpany to receive the Manufactured Housing Institure's prestigious Manufaturer of the Year.

In order to meet and srve the varying living requirments of Americans today, Clayton Homes provides hundreds of inventive home designs to meet the needs of every lifestyle. From starter homes to retirement villas and all dream homes in between.

Furthermore, only the highest quality and most trusted materials are used in the building of a Clayton Home. This allows our skilled sraftsmen the opportuninty to individually construct each home to meet your needs.

Learn About Your Credit Report Now!

Friday, February 27, 2009

High or Low: Keeping Track with National Average Credit Score

Credit is said to be a system of buying and selling without immediate payment or security. Credit may be in the form of credit cards or loans.

Any individual who desires to process a credit card or loan application will have to abide by the rules and regulations set forth by the lender. An important factor for any credit application to be approved is your credit score.

A credit score is the determinant factor of lending institutions whether or not you will be granted credit. Your existing credit status as well as your past credit standing makes up for a credit score.

Every nation has a standard credit score to follow to determine the country’s financial condition. The United States has a national average credit score somewhere from 580 to 650. You will most likely be granted with credit requests if you have a high credit score.

Since the credit score is highly significant for you to obtain credits as well as balance the national average credit score, there are things you must do.

Seek help from experts.

Do not be overwhelmed by low interests or other attractive credit offers by lending institutions. It is best to consult an expert before you close an agreement with a positive notion.

Financial consultants will help you properly handle your finances. He is responsible in showing you the status of your finances. He may also be your source of assistance on matters about getting credits. He will most likely advise you on the pros and cons of getting credits and the many requirements lending institutions need before they come up with a decision.

Do not let your due date slip.

When you pay your bills on time or before its due date, you are establishing good credit standing. Another advantage when you are paying ahead of time is that you are also making your balances low.

Late payments of bill will not only give lending institutions bad impressions of you but it can also be unfavorable to maintaining a high credit score. To avoid late payments, it is best to keep track of due dates. Prompt yourself that it is “pay time,” a week before your credit’s due date.

Keep your interest low.

Credit interests establish how good or bad your credit score is as well as the national average credit score. With low credit interests you are likely to maintain good credit standing.

It is recommended that you take on a survey among lending institutions on the credit interest they give. Upon doing your survey, choose which ones can give you low interest yet will still offer you good-quality of service.


To undergo consolidation is usually common to individuals who experience trouble paying off unpaid debts to their lenders. Consolidation is recommended for such people to unburden them of too much paying pressure.

Evaluate and re-evaluate.

Be your own accountant. Do not let financial problems pile up, instead of waiting for credit reports to be mailed at the foot of your door, make your own. By doing so, you are updated concerning your credit reports.

Self-evaluation of your credit report will help you gauge how much credit scores you still have. Nowadays if you wish to have free consultations regarding your credit reports, you can always go online and find one.

Keeping yourself on the right credit score track will not only help you maintain a good credit standing, it will also help your nation maintain a good average credit score. Having so will stabilize the economy.

Having A High FICO Score on Credit Report Obtains Positive Responses

Are you living life in the fast lane? And tired of keeping up with all your expenditures? Life is like that, sometimes you get what you want, and sometimes you don’t. And since this is a fact of life, is there anything you can do to improve your life?

Don’t be desperate; it's not the end of the world. It's but natural to incur expenses as you go on with your daily life. Most especially now that almost every price of an item you need is soaring high. This is one reason why people find loans, credit cards, and other credit transactions more attractive.

Transactions involving credit is not that easy to apply for, you will need to have a good credit rating based on your credit report. Your credit report holds your credit score, or formally known as the FICO score.

The FICO score of each person applying for credit is very important. This is usually the deciding factor for any company to approve your application for credit. This will determine whether you're eligible or not.

You should not disregard your FICO score. This means that from the very start, you should have handled all your credit transactions in a good manner and pays your bill on time. If you've been living your life like this, then you can expect a high FICO score. Having a high credit score means that you have great chances in getting secured loans, credit cards, and the like.

A high FICO score indicates that you're a low risk for creditors, which means that once they extend you a loan (or any credit transaction), you can pay off your dues on time.

FICO scores have different ranges. If you've scored 500-559, it means that you should start improving your score. 560-619 scores have great troubles in obtaining credit, and for you to have a decent score, you must get a score of 675-699. Scores from 700-719 can expect a favorable response when it comes to financing terms. For people having FICO scores from 720-850, a big round of applause for you, because you've attained the best score of all; you will certainly have no trouble in applying for any credit term.

Aside from the different score-range, the FICO score is divided into five categories: the payment history, the credit history's length, amounts owned, new credit, and the type of credit that you have used. These categories have a direct relation to your credit scores.

Your credit report will contain information such as retail accounts, credit cards, mortgages, installment loans, unpaid accounts, bankruptcy, and other pertinent information regarding your history (on credit). You can't lie because the records are pieces of evidence which proves your eligibility.

However, there are also times when some information contained in your credit report are not that accurate, so you need to check with the bureau along with your supporting papers at least once every year to have your records updated.

You are free to visit the bureau. In fact, three known bureaus gather credit reports. They are Experian, Equifax, and TransUnion.

The FICO score is your credit score, and remember, you must get a high score to have any application on your favor. One of the best ways to cope with your expenditures is through credit, so it is a must that you get a high FICO score. Be responsible with your finances.

The Factors In A Mortgage Approval

When applying for a mortgage, the lender you have chosen
will take many factors into account. These factors not only
influence what type of loans you can qualify for but also
what your monthly payments will be and how many years you
will take to pay the loan off completely.

Knowing these factors and doing what you can to improve
them all can make a tremendous difference when you go and
see your lender and start the process that will get you
your new property.

Some of the basic factors apply for just about any loan but
are especially important if you are trying to get a
mortgage. The big one is, yep, credit.

How good is your credit Get copies of all of your credit
reports from the 3 major consumer reporting companies and
check each one for errors.

Many times they have errors that can be corrected in just a
few weeks and that helps boost your score. If you have
credit cards, pay them off as well as any other outstanding

A nice large down payment will always improve your chances
of being approved. If your credit isn’t completely top
notch, the bigger the down payment, the more likely you
will get improved.

If your credit is great, you can still put down as much as
possible to lower the monthly payments or decrease the
total loan time.

Above all else, don’t lie to your lender. If you tell them
you are a supervisor of a power plant and they find out you
are a UPS man who has only had the job for 6 months, you
will be totally screwed. Be honest and your lender will do
their best to work with you.

I Want To Know Exactly What Is A Mortgage

Every homeowner knows what a mortgage is but do you Many
people have heard that term on movies, television shows,
and commercials but don’t really know what it really means.

To put it simply, it’s a loan where you are using your
house as collateral. The difference between this and a
normal loan is that your house becomes your backup just in
case something happens and you are unable to continue

Mortgages come in many different forms depending on what
you are looking for with regards to financing. Some
examples are the fixed rate and adjustable type.

These differ in how the payments are set up and whether or
not each payment will be influenced by current interest
rates across the country.

There are also commercial loans if you are planning on
buying an apartment complex or other type of real estate
that has the potential to make you money.

Before you decide to buy a home, it’s very beneficial to do
as much research as possible. You should try to learn about
each different type of mortgage and what the payments
actually consist of.

Do they change each month Should you put a lot of money
down before setting up payments It can be very complicated
and stressful for almost anyone due to the sheer ending
cost of it all.

Owning a home is a dream for many people and you will want
to make sure you are well educated on home ownership before
you even speak to a broker.

How Your Credit Score Can Help You

A higher score can help!

• Save thousands in interest rates
• End being declined for credit
• Get dream job without credit check penalty

A low credit score affects every aspect of your life—the home you live in, the car you drive, the clothes on your back, even getting the job you want. Stop being declined for credit! With RestoreMyCreditReport.com, you can get your life back as credit repair experts fight to improve your credit score.

It starts with a simple click. For a complimentary credit analysis:
Click Here

Welcome to GCF Mobile Homes Blog

This is here for you to take advantage of various information about credit's role in buying your dream home to how to keep credit in good shape with simple methods. There is also information about the hidden truth's you have to have when buying a manufactured home. Learning how to buy a mobile home is a key part of the ground work to making sure that you get a top shelf experiance when you buy a mobile home of any kind from single wide to double wide and moduluar homes.

There will also be information about the Clayton Homes Product as well on this site. We really hope that this will help your experiance when learning how to buy a mobile home.