How to Apply for a VMF Home

Author: vmfhomesblog

2021-03-09

Curious about purchasing one of our manufactured homes? If you're hoping to apply for one, read more about how to do so in this post.

Applying for a mortgage can feel overwhelming, especially if you haven’t done it before. Vanderbilt Mortgage offers financing* on select homes on VMFHomes.com inventory. VMF has 2 main user-friendly application options that can help you feel at ease: online or paper/by mail. I want you to feel ready and prepared when filling out an application. Before you get started, here are some things you will need to have on hand for you and anyone else applying with you:

Social Security Number(s)
Current Email Address(es)
Gross Monthly Income(s) (generally the amount of money you have earned before your taxes and other deductions are taken out)

Online

If VMF offers financing for a listing on VMFhomes.com, you’ll see a green and white button in the upper right-hard corner that says, “Apply Now.” If you click that button it will take you to an online application. Make sure you have some time before starting and that you have access to your important documents. Remember, among other things, you’ll need social security numbers, email addresses, and gross monthly income for all applicants.

As you begin the application, you’ll notice that you were directed to VMF.com. You are now filling out an online application specifically for the home you were viewing. However, if you change your mind about that specific home, the application may be converted to use for another home. This is a simple process called a relook that does not impact your credit a second time. You may also fill out a general application that isn’t towards a specific home. Both a home specific and non-specific home application will give you the same results -- a max loan amount you could qualify for.

Our online application is user friendly as possible so it can help you apply with confidence.

Paper Application by Mail

You can use paper applications to apply for any home listed on VMFHomes.com that Vanderbilt Mortgage offers financing on. One difference in the paper option versus the phone or online option is the increased time it takes to submit an application because of the time it takes the U.S. Postal Service to deliver the application via regular mail. Therefore, if you aren’t in a rush, or you simply prefer a paper application that you can physically write on – this might be the option for you.