Manufactured Housing Loans

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.

CMS is proud to work with one of the top consumer lenders in the nation to offer one of the most profitable portfolio available in today's market. With the stringent lending criteria and turn-key operation, your financial institution will enjoy higher yields through high-quality secured loans.

MHL Benefits:

700 (Plus) FICO score
400 basis points higher yield than comparable securities
100% PRIME credit risk buyers
50+ year track record
125+ lending partners

Funded cash reserves held at your institution
6.90% Average Yield
Full Servicing Available

Learn more about the MHL Program and how it can benefit your credit union, please contact:

Daniel Skehan 678.960.2917 dskehan@cucmsllc.com

Ryan Enright 913.402.2609 renright@cucmsllc.com