Want to know if you have a good shot at obtaining financing for your Teacup Tiny Homes? Take this quick assessment to see if you are ready to go tiny, or get a strategy in place in case you have some work to do.
Click the button below to start.
Question 1 of 8
Do you have a minimum downpayment of 20% the purchase price you are considering? ($5000.00 CAN +gst will get you started working with our team for design and consulting. This amount will be applied to the overall cost of your tiny home build)
YES
No, not yet
Question 2 of 8
Do you know your credit score, and is it above 700? *any recently missed bill payments will drastically reduce your ability to get approved*
Yes
Don't know
My credit is lower than this.
Question 3 of 8
Do you have proof of income that will support monthly payments?
No
Question 4 of 8
Are you and/or your partner making approximately $70,000.00 CAN/year?
Question 5 of 8
If you have answered 'NO' to any of the above, do you have a friend or family who can answer 'yes' to these questions and has given you permission that they would co-sign for you?
Yes, I have a co-signer
Maybe but I haven't asked
I am certain I will not need a co-signer
No, I do not have a co-signer
Question 6 of 8
Do you currently have a car payment?
Question 7 of 8
Have you filed bankruptcy or had an insolvency in the last 4 years?
Question 8 of 8
Have you had a large loan before that you have successfully paid back? eg. mortgage or car payment?