Incredible Tiny Home
Hello. I had recently visited my cousin who has purchased a tiny home in Newport TN. I have to admit that it was quite relaxing. We have now considered moving into one ourselves but have stumbled upon some financial challenges.
I am a retired military so our last home we had built with no money down and zero out of our pocket, and since it was a VA loan we were able to obtain it with a 600 credit score. I would say we were spoiled, but needless to say the VA doesn't do loans for RV's or tiny homes. And what I'm finding out, it's very hard to secure financing with a low credit score without at least 20-30% down upfront and probably a huge interest rate.
I wanted to put this out to see if maybe someone else has been in this position and find out what they did. Thanks