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How To Close More Manufactured Home Loans In Todays Market
Thu 10/02/03 09:03:58 pm
More Prospects Bring More Closings

The transitions to a higher priced new product and "home & land" has been painful for many operators in MH Finance.   BUT the biggest problem our business faces, across the country today is a shortage of real prospects.   For better or for worse, Manufactured Housing no longer the fast paced high volume business it used to be.   There was a time, not very long ago, when we could fund our deals just a few days after approving the buyers application.   It seemed that all you needed was a good size dealer base and a few good processors and the applications just rolled in.

Things are a bit slower today.   The good news is that there are new avenues for bringing prospects to your MH loan programs.   This web site links to ManufacturedHomeCredit.com where the modern internet shoppers are going to connect with finance sources.   About four thousand prospects a month are submitting their contact information. MH Loan Shoppers are requesting to be matched with finance programs.   Instead of depending on the retailer to arrange financing, the modern MH prospect is getting on line before they leave home, to find out which lenders have the programs that best suit their needs.

The MH loan program manager for one of our top lenders, tells us that her team averages a 30% approval rate from our prospects. These are prospects actively searching for a manufactured home loan program because they are planning to finance or re-finance a manufactured home immediately or in the near future.

WHAT WILL THIS COST ?

We are bringing in leads from every state in the country.   We can offer you a subscription to MH finance prospects, from the states that you service at the low monthly rate of only $65 per state!   Multi-state subscriptions are offered at substantial discounts.   When you close just one of our prospects you will have paid for a subscription for about THREE YEARS worth of the leads from your home state.

FREE TRIAL

Offices around the country are closing more loans with borrowers they would have never connected with before they discovered the incredible power of our of prospecting program.

If your interested in a free trial of the incoming leads for your territory, just submit the form below.   Or, if your in a hurry, you are welcomed to phone us, toll free, between the hours of 9AM and 6PM, Eastern Time at 888-304-2333.

Get all the leads submitted from the states where you do business, for a full week, at no cost and with no obligation.   See what a daily infusion of our fresh prospects, who are actively shopping for a manufactured home loan can do for your closing ratio.

Free Trial MH Finance Leads
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TOOLS FOR MH REMARKETING

Free Listings Of Manufactured Homes For Sale
(Industry Participants Only)
The Network is about to launch a new on-line service that will include Homes For Sale BY OWNER, BY DEALER, BY BUILDER and BY FINANCE COMPANIES. Shoppers will be able to search for the home of their choice by city, state, number of bedrooms and baths, manufacturer, year built and price. You can see a working demo HERE

For a investment of only the time to it takes to submit your listings you can share our incredible traffic flow. Fill out the form you will find at www.mfdhousing.com/multilisting.html


Hudson & Marshall MH Auctions
Serving the needs of lenders, service companies, retailers and others in their efforts to liquidate excess inventory through a nationwide network of regularly scheduled auctions and sales in the field.

National Wholesalers DEALERS ONLY
Prompt, reliable, and discrete servicing of wholesale portfolios and remarketing inventory. Managing asset liquidations for the manufactured housing financial community, nationwide. "Where is as is" field sales to dealers and park owners.

"Deals on Wheels" by Lonnie Scruggs
Written from the actual experiences of Lonnie Scruggs, the "Father" and "Master" of the used manufactured home business. Lonnie shares his many years of experience and shows you how to make fantastic profits in one of the least recognized, yet best money making segments of the MH Industry.


[GET THE BOOK]
Ernest Tew explains in simple terms how he and others are using manufactured homes to increase their income each month. He describes actual transactions and reveals many of the leasons and ideas gained from more than 30 years of experience

Syrasoft MH COMMUNITY MANAGEMENT SYSTEM for Windows
Cutting edge technology and top- notch technical support for community managers. Includes features such as automatic process billing, an automatic late charge system, a bird's eye view map with built in unit and tenant information, many useful reports, and an interface with QuickBooks accounting software.   DOWNLOAD FREE TRIAL

MH Parts Store
Everything you need for Manufactured Home repair and renovaiton. Parts for plumbing, electric, interiror improvements, heating and air, appliance accessories, roofing, skirting, even small tools and hardware. Don't run all over town looking for MH specific components. This is the prime location on line for MH parts and supplies.

Nationwide MH Repo Liquidation
Mobile home shoppers looking to buy used, pre-owned, and repo manufactured homes will find many incredible deals here! Search the national database of manufactured housing units by location, size, number of bedrooms and even price. This site also offers Low-rate financing through a program that is exclusivly for these specific finance company owned homes.


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