Note :: Tiny Life is a park model dealer and we do not directly offer tiny home loans or financing. This information is to help our potential customers easily complete their purchase through one of our preferred lending partners. For questions on financing terms and requirements, please contact the lenders directly.
Financing a park model tiny home is a little bit different than financing a traditional home. Park models are recreational vehicles and are financed as such. The good news is that even though tiny homes are a new trend, park model RVs are not and there’s several lenders in the industry to choose from.
Even though we recommend the following park model tiny home lenders, you can find many more with a simple search for “park model rv loan” on your favorite search engine.
21st Mortgage Corporation
A top-notch lender that specializes in park model RVs. They require a minimum 650 credit score and at least 10% of the financed amount as a down payment. Terms can go up to 25 years and the interest rate is based on your down payment and credit score among other factors. This lender is only available for new homes that are purchased or ordered at our sales center.
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If you need assistance with this application, please contact Robin at 828-371-3143 or robin@tinylife.com.
Priority One Financial Services
Another top-notch lender that specializes in park model RV financing. They require a minimum 720 credit score and at least 20% of the financed amount as a down payment. Terms can go up to 20 years and the interest rate is based on your down payment and credit score among other factors. With Priority One, you must provide proof of a separate primary residence other than where the park model home will be placed.
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If you need assistance with this application, please contact Ashley at 727-490-7238 or aniedzwiecki@p1fs.com.
Business Finance Depot
Business Finance Depot offers Park Model Home / RV financing. Their unsecured personal & business loan program is available for any buyer. These are fixed rate loans that range from $25 – $550K with terms from 5 – 12 years. Applicant must have a 700 credit score and be employed. Most loans fund within a 5 – 30 business day period. This loan is perfect for someone that wants a Tiny Life Home for personal use.
They also offer financing for existing businesses, start ups, and to purchase existing campground/RV parks through USDA, SBA, and equipment leasing.
Apply Now
If you need assistance with this application, please contact Gary at 954-494-5944 or gary@businessfinancedepot.com.
CrossCountry Mortgage
This lender offers a park model RV financing solution for homes that are going into a tiny home or park model community where you will be leasing the lot the home will go on. They require a minimum 550 credit score and at least 5% of the financed amount as a down payment. With CrossCountry, you must also provide proof of a 12 month history on paying a car loan, mortgage, or a residential lease.
Apply Now
If you need assistance with this application, please contact Lance at 315-765-9127 or lance.winters@ccm.com.