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.
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.