Issue link: https://read.dmtmag.com/i/161166
2013 Financial Focus U.S. Bank Mfd. Housing Finance U.S. Bank Manufactured Housing Finance (USBMH) is a full service lender for chattel (home only) and land/home (non-construction and construction real estate loans with single closing). USBMH is a national manufactured housing portfolio lender, which means it does not sell loans in secondary markets. USBMH is a division of U.S. Bank National Association, the fifth largest commercial bank in the nation. USBMH is managed by highly talented senSee All of Serving You erving You u ior managers who have years of experience in the industry. Its Account Executives are strategically located to serve retailers nationwide. USBMH has diligently worked with qualified retailers, brokers and land leased communities to establish a solid lending relationship and business infrastructure. For the remainder of 2013, U.S. Bank's main focus is to continue improving customer service to assist retailers and brokers in selling and financing more factory-built homes. U.S. Bank is committed to the manufactured housing industry to provide a disciplined approach to underwriting. By the utilization of risk based pricing, prudent credit practices along with human judgment based on a "common sense" approach, credit decisions are made which benefit all parties involved in a transaction - retailers, brokers, borrowers and the bank. USBMH remains determined and committed to provide an excellent menu of products and services, which sets U.S. Bank apart from other lenders. The credit decisions are made within the same day of receiving a completed application from the retailer. The interactive website facilitates application input, allows retailers and brokers to track their applications (in real time) from submission, clearing of conditions to document ordering and funding. USBMH provides factory-built (HUD and Park Model) home financing for chattel loans in 48 contiguous states and land/home (HUD and modular) in 40 states including staged funding products. Retailers and their customers have a choice of fixed and variable rate programs. Its products and programs allow financing of new and pre-owned homes, single and multi-section homes. USBMH follows lending's best practices of confirming the verification of employment, verification of income and verification of deposit based on company guidelines to protect all parties involved in a transaction. If you need additional information about U.S. Bank Manufactured Housing Finance programs and services or you want to establish a financing relationship with U.S. Bank, please contact Scott MacFarlane, Vice President National Sales Operations at 501-978-1020. M A N U FA C T U R E D H O U S I N G F I N A N C E FA The power of building partnerships with the s manufactured right manufactured home lender is just a phone call tur away. We're ready to meet all of your financing needs. away. We're re eady our The partner you can count on. n. usbank.com Not a consumer advertisement. Loan and mortgage products are offered through U.S. Bank National Association, NA. vertisement. mortgage National Association, ssocia a Focus