Mobile Home Loan Affiliate Program

Almost every mortgage broker in America is getting calls from customers who have mobile homes, modular homes, and other types of manufactured housing.

What are you doing with these customers? If you answered 'nothing' then you are wasting advertising dollars (and worse yet your valuable time) every time one of these calls comes in.

We have the solution for you! Now you can make money from many of these customers.

We get hundreds of calls daily from brokers and other banking professionals seeking a wholesale outlet for their customers with mobile homes. Most have asked us to put a program online that would allow them to help these customers while still being able to make some money on the transaction.

- You should make money on every customer that you come into contact with, whether you can help them directly or not.

We help you do that!

We listened to your requests and are proud to announce the Mobile Home Affiliate Program from MH-Loans.com.

Currently this program is only being offered for transactions involving mobile homes located in parks, on leased land, family land, or in any situation where only the home is being financed (NO Land).

You are welcome to refer your Land/Home customers to us (many brokers and bankers do). Unfortunately we do not have the ability to compensate you for these referrals. Click Here for referral instructions.

Download the Affiliate Broker Package Here and get started today.

There are several distinct advantages to our program:

• WE do all the work - YOU get paid. That's right! Your responsibility ends once you take the customer's application - we handle the rest.

• Simple One Page Application can be filled out in less than a minute.

• Custom Online Automated Applications allow seamless integration into your system of lead generation. If you currently use a web site to generate your leads we allow you to plug the Online Application directly into the site so your customers fill it out without any involvement from you. Now you are making money from customers you never talk to.

• Unlike most affiliate programs we are only interested in the volume of leads, not in building our brand. We allow you maximum flexibility in where and how to link to the application form. We also allow you to place your web site header at the top of your application form so the look and feel of your site is not lost.

• Payouts are made immediately as the leads fund. No waiting. No minimums before a payout is made.

• The program is FREE to join.

• We provide you FREE marketing material which can be included in any of your current advertising or targeted directly toward mobile home customers.

What do you do?   You get the customers application - That’s it!  This leaves you free to spend your time originating the types of loans that make you the most money.

What do we do?

• We pull the credit and screen the customer.

• We contact the customer and answer any questions they may have about their refinance.

• We give them an individualized savings quote. If we can’t save them money, we will tell them right away.

• We handle all the details involved with completing their loan.

• We send out periodic spreadsheets detailing which loans are near funding. The frequency depends on your volume.

• When loans fund, we send you a check!

• At the end of the year we will send you a 1099 detailing your earnings.

What do your customers get?

• Fast, Professional service.

• The lowest available FIXED rates for mobile homes in parks, on leased land, family land, any situation in which the home and land are not financed together.

• No Pre-Payment Penalties.

What’s in it for you?

• Turn the current mobile home calls and inquiries you get into cash (see payout scale below).

• Build good will with your customers as you save them money.

• Earn extra referral business.

• Offer your customers something they have extreme difficulty finding in the marketplace today.

Ready to get started? Download the Affiliate Broker Package Here.

Guidelines (Which Customers can we help?):

• Mobile Homes in Parks, on Leased Land, Family Land Only. The land cannot be financed with the house.

• You are welcome to send Land/Home referrals however we cannot compensate you for these leads. (See below).

• Minimum credit scores = 620. DO NOT PULL THE CREDIT. Just ask the customer how he would rate his credit. We will pull credit only if the customer meets the rest of the program guidelines.

• APPLICANTS MUST HAVE GOOD TO EXCELLENT CREDIT. Scores alone are not the determining factor.

• Prior Bankruptcy, Consumer Credit Counseling, or Debt Consolidation requires at least 2 years of re-established credit with 3 NEW accounts and ZERO late payments.

• Full income documentation required for all mobile homes.

• Max DTI = 45%.

• The best programs are available for homes 15 years or newer.

• Homes as old as 1977 are eligible on a case by case basis.

• Pre-HUD homes as old as 1970 are eligible in California ONLY. Rate/Term refi’s ONLY (NO Cash Out on Pre-HUD homes. NO Purchase loans on Pre-HUD homes).

• Singlewides, Doublewides, Triple-Wides – All OK.

• Park-Model Homes (less than 900 S.F.) are not eligible.

• Minimum loan amount = $15K Refi’s / $26K Purchase loans.

• The customer’s current rate should be at least 9 - 10% in order to realize any significant savings by refinancing.

• Owner occupied primary residence preferred. Second homes, vacation homes, homes for relatives are handled on a case by case basis.

• NO INVESTMENT OR RENTAL PROPERTIES.

• All states OK except AK, CT, HI, MA, ME, NV, and NJ.

• If a customer is submitted through multiple sources, credit and payout will go to the first to send the application.

How much is  in it for you?   The pay scale is simple: $250 to $500 per customer (See Below)

Compared with an average broker fee on a stick built loan of $250K this may not seem like a large sum of cash until you consider the fact that most of these loans average between $25K and $30K (there isn't a whole lot of money to be made on a loan that small) and that you should have less than 5 minutes of your time invested in each application. We allow you to earn up to $500 on what would have been a wasted conversation with a customer you cannot otherwise help.

Download the Affiliate Broker Package Here and get started today.

We respect your business relationships:

We fully understand that your referral to us is a direct reflection on your business. We will always treat your customers with the utmost courtesy and respect.

We fully respect the current relationships you have with realtors, builders, and others that send you loans. We will never try to get these people to circumvent you and send loans directly to us. In fact we encourage them to contact you directly whenever they have a mobile home borrower they would like to refer. We know that a solid and honest relationship with you will generate a steady flow of applications. We will do everything within our power to maintain that relationship. It is not worth it to us to avoid paying you on one lead only to have you quit sending over the hundreds of leads you will generate every year. We understand that completely.  

We thank you for your recommendation of MH-Loans.com. We look forward to serving your customers.

Land Home Referrals:

If you have a Land/Home customer that you cannot help you are always welcome to refer them to us (many brokers and lending institutions do). Unfortunately we do not currently have the ability to compensate you for these leads.

If you want to know if we can help them before you send the file simply call us at 317-331-9636. Anyone that answers the phone can screen the file for you within just a few minutes.

Land/Home referrals can be sent to the following:

• Email: Click Here to send customer files via email. Please send all documents in either PDF or Microsoft format.

• Fax: 775-295-3961

If you would like to be on our broker mailing list sign up here. We will notify you as we add more programs in the future.