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
a monthly rate as low as only $95 for most states! (FL, CA or TX are billed at $125 per month) 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.