At Tiny Homes ATX, we know that one of the most important parts of your tiny home journey is figuring out how to pay for it. Fortunately, there are a number of great financing options out there—from personal loans to RV loans to builder financing. Below is a curated list of trusted lenders and platforms to help make your tiny home dreams a reality.
🔹 1. Upstart – Personal Loans for Tiny Home Buyers
- Loan Amounts: $1,000 to $50,000
- APR Range: 6.7% to 35.99%
- Minimum Credit Score: 300
- Best For: Fast approval and borrowers with limited credit history
- Perks: Soft credit checks, quick funding, and flexible repayment terms
🔹 2. LightStream (by SunTrust) – Unsecured Personal Loans
- Loan Amounts: $5,000 to $100,000
- APR Range: Starting around 7%
- Best For: Buyers with excellent credit
- Perks: No fees, same-day funding, and fixed-rate terms
🔹 3. SoFi – Personal Loans with No Fees
- Loan Amounts: $5,000 to $100,000
- APR Range: Typically 8% to 25%
- Best For: High-income earners with strong credit
- Perks: No origination fees, prepayment penalties, or late fees
🔹 4. Lending Club: Multiple Loan Offers
- Loan Amounts: $5,000 to $100,000
- APR Range: Typically 6% to 25%
- Best For: Earners with Medium to High credit
- Perks: No origination fees, prepayment penalties, or late fees
🔹 5. Local Credit Unions & Banks
- Option: Some Texas-based banks and credit unions offer RV loans, personal loans, or land/home combo loans
- Tip: Ask specifically about tiny home or modular home financing packages
🔹 6. Builder Financing (Tiny Homes ATX)
- In-House Help: Contact us directly to learn about any builder financing partnerships or in-house options we can help facilitate
- Custom Guidance: We’ll walk you through options based on your specific needs and budget
🔹 7. Upstart (Alternate Offer Page) – Easy Online Personal Loans
- Loan Amounts: $1,000 to $50,000
- APR Range: Varies based on credit, starting as low as 6.7%
- Best For: Borrowers looking for a quick online application process
- Perks: Soft credit check, no prepayment penalty, fast approval and funding
🔹 8. Credit Card Financing
If your tiny home is priced affordably or you need to cover a gap in your financing, credit card loans or low-interest promotional cards can be an option. Some cards offer 0% APR for the first 12–18 months, which could give you time to pay off a portion of the cost without interest. Just make sure to pay off the balance before the promotional period ends to avoid high interest charges.
🔹 9. Home Equity Loans or HELOCs
If you already own a home and have built up equity, you can tap into that value through a home equity loan or line of credit (HELOC). These are typically secured loans, so they offer lower interest rates. They can be ideal if you’re using a tiny home as a guest house, Airbnb, or secondary living space.
🔹 10. Traditional Home Loans (if applicable)
While traditional mortgages are usually not available for tiny homes due to their lower cost and mobility, some lenders will issue home loans for tiny homes on permanent foundations. If you’re planning to place your tiny home on owned land and meet zoning requirements, this could be a possibility worth exploring with your bank or mortgage broker.
🔹 11. Peer-to-Peer Lending Platforms
Peer-to-peer lending websites like Prosper or LendingClub connect borrowers with individual investors. These platforms can offer competitive personal loan rates and are more flexible than traditional banks. If you have decent credit and a clear plan for your tiny home, this route can provide quick, unsecured financing.
📈 Financial Tips Before Applying:
- Check your credit score and fix any errors
- Get prequalified using soft credit checks
- Understand loan terms: interest rates, fees, and monthly payments
- Factor in land, utilities, and maintenance costs if applicable
Ready to Get Started?
Have questions about which financing option is right for you? Contact Tiny Homes ATX and we’ll guide you through the process from loan to move-in day.