Mobile home owners know the pride and joy of home ownership. There is also a certain special kind of freedom in owning a mobile home that you may not find through ownership of a traditional home. With a mobile – or modular – home, you can relocate your home anytime you like.As with any homeowner, you want to get the best rate you can on a mortgage. It is quite likely that if you took out your mortgage more than a year or two ago, you can now qualify for a lower interest rate than you could at that time. That is because average mortgage rates are much lower than they have been for a long time.Of course, the other important factor in determining the rate you can qualify for is your credit score. If you have bad credit, you may be reluctant to apply for a refinance loan for your mobile home. After all, it is no fun to get rejected due to having less-than-perfect credit.Still, it is worth trying for – especially if you know what steps to take. That is because, even the chance to save 1-2% on your interest payments could means thousands less in mortgage payments. And, that’s more money in your own pocket.If want to save cash by refinancing your mobile home, follow these 7 easy steps to qualifying for a bad credit mobile home refinance loan:1. Determine how much extra cash flow you need each month after refinancing:How much extra cash flow do you need each month? If you need to save one hundred dollars or more per month in mortgage payments, you definitely will want to try for a lower interest rate.2. Decide whether you want to extend your loan to a longer term:Another factor to consider that could lower your payments is the repayment term (period) of your loan. When you refinance, if you can consider taking out a loan with a longer repayment term. This will mean lower monthly payments right off the bat, even though it could mean paying more in total interest charges over time.3. Find out or estimate how much your mobile home is worth today:Next, it is time to figure out how much your home is worth today. Get it appraised or ask a local realtor to send you a list of comps showing the recent selling price of similar homes in the area.4. Look up your credit score:Pull your credit score from the three big credit tracking bureaus, namely: Equifax, Experian, and TransUnion.5. Figure out what interest rate you are currently paying on your mortgage loan:Get out your mortgage agreement for your current loan and calculate how what your interest rate is. That is the number to beat.6. Put together a list of potential refinance lenders who specialize in working with bad credit individuals:Next, compile a list of “bad credit mortgage refinance lenders”; make sure you have at least five lenders on your list. Check out their websites and do a bit of additional online research to make sure that each one is reputable.7. Apply for a refinance loan to three or more lenders:Be sure to apply for a refinance loan to at least three of the lenders. The more applications you submit, the better chances that you will be offered the lowest-possible rate.Keep an eye on the closing costs that you will have to pay. Make sure that the monthly savings you realize from refinancing justifies your paying the closing costs. To calculate this, just divide the closing costs by the difference in monthly payments between your current and new loans.Follow these 7 easy steps to qualify for a bad credit mobile home refinance.