How does rent-to-own work for a mobile home?
Rent-to-own gets you into a mobile home with a down payment and one monthly payment, with no bank qualifying. A piece of each payment builds toward owning the home, and you can pay it off anytime. Here is exactly how it works at Flip Marketplace.
The facts
- Cities served: Greenville, Spartanburg, Easley, Greer, Simpsonville, Gaffney, Pickens, Piedmont, Seneca, Anderson
- Down payments starting at: $1,600
- Monthly payments: one monthly payment, starting from $600/mo
- Bank qualifying: none — we hold the paper in-house
- Phone: 864-803-3153
How to buy a rent-to-own mobile home in 6 steps
- 1
Find a home you like
Browse available mobile homes and rent-to-own homes on our inventory page or your city page, then call or text us at 864-803-3153.
- 2
Tour the home
Tours are self-guided by lockbox and booked through us. We put your info on file first, then give you the code by phone so you can walk the home on your own.
- 3
Apply and get approved
There is no bank qualifying. We run a SLED background check and verify your income instead. If the home is in a park, the park has to approve you too.
- 4
Sign the paperwork at our office
Paperwork happens in person at our Spartanburg office before any money changes hands. The only upfront money is the park's lot application fee, paid straight to the park.
- 5
Put down your down payment
A down payment locks the home in your name. Down payments start at $1,600 and are shown on each listing.
- 6
Make one monthly payment and build toward the deed
You pay one monthly payment. On most homes $100 of every monthly payment goes toward owning the home for the first 10 years, and after that up to $400 a month on the 20-year term. There is no prepayment penalty — you can pay extra toward the principal, pay the home off early, or pay cash at any time. When it is paid off, the title transfers to you.
Common questions
Can I buy a mobile home with bad credit in South Carolina?
Yes, you can buy a mobile home with bad credit at Flip Marketplace because there is no bank qualifying. We hold the rent-to-own paper in-house, so your credit score is not the deciding factor. Your down payment and monthly payment are what get you in.
How much do I need down for a rent-to-own mobile home?
Down payments start at $1,600 and are shown on each listing. The exact down payment depends on the home and whether it is in a park or comes with land.
Do I own the land with a park home?
No, you do not own the land with a park home. The home stays in the park and you pay lot rent to the park. Homes listed with land include the land in the sale.
What do I need to apply?
You need a down payment and a monthly payment you can afford. There is no bank application. Call or text 864-803-3153 and we walk you through it.
Rent-to-own mobile homes by city
See available rent-to-own mobile homes in each Upstate SC city: