Manufactured Home Loans  (“MHL”)  provide credit unions with a high quality asset, with an above average interest rate, to increase net interest income and provide broad diversification to credit union’s current auto and mortgage loan concentrations. The MHL provide a singular method for credit unions to purchase and participate in a diversified pool of loans with an above average yield and high credit quality.  A manufactured home loan portfolio provides nationwide geographic diversification. This high-yielding loan pool is now available to credit unions.  Credit unions and financial institutions have been investing in these types of loans since the 1950’s.