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Our company was established in 1995 to answer the needs of in-park manufactured home brokers. At MH Broker you'll find a variety of manufactured and mobile home loans to choose from. With our friendly service, and highly competitive rates you will find one that best meets your needs. MH Broker is based on commitment, respect, maintaining integrity, and building trust in every relationship. These are the cornerstones of our corporate philosophy, and that's a real difference.
We offer a 5% down purchase program and a 95% LTV Refinance program with cash out options.
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YES! We Refinance Vanderbilt Loans
Please read the entire site before calling.
We do not do run-bys, scenarios or quotes over the phone.
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We run a very strict broker program and have zero tolerance for nuisance calls. We are not interested in turn downs from other lenders and deals you need exceptions. We do not make exceptions.
Broker Line 360-213-0280
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| Q. |
How much will I be paid? |
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We pay all standard brokers $750.00 for every closed loan. Your fee can increase based on volume and closing ratios. |
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| Q. |
What criteria does MHBroker use when approving a loan? |
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With all loans whether you are financing or refinancing a manufactured home we look at three criteria: Capacity (can the customer afford it), Credit (do they pay their bills on time) and Collateral (homes value). |
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| Q. |
What are the basic credit requirements? |
| A. |
Credit Score 660 and above on all deals. 5% minimum down payment on purchases, 45% max debt to income, 4 years since BK, 34% housing ratio, owner occupy only and 2 years minimum employment. |
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| Q. |
How much documentation will I need to supply to verify the information provided on my application? |
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Every situation is different. Once you submit your loan application and your client has been approved you'll receive a customized list of documents you'll need to provide. Income and job time verification are required. NO STATED LOANS. |
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| Q. |
How can I track my applications? |
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We are in the process of completing and testing our online tracking system for you to log in and print approval letters as well and loan documents. Our new online system will allow you to track approvals, denials and status of loan stipulations. |
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