Unlike a traditional mortgage, the process is a little different—but buyers should still be prepared. Here’s what you can expect:

• Credit Score: A minimum score of 580 is required to apply.

• Income Verification: Lenders often ask for at least 2 years of pay stubs or tax returns.

• Application Requirements: You’ll need to have a chosen floor plan, a ballpark price, and a placement location for your home before we can submit your application.

Once your application is submitted, some approvals are quick, while others may take longer depending on the lender.

Your APR will be based on your credit and payment history. As an example:

• A $100,000 Tiny Home with 10% down often results in payments around $700–$900/month for the home itself.

• When you include average lot rent, buyers should budget $1,700–$2,000/month total for their housing costs.

After approval, you’ll be ready to start designing your dream Tiny Home!