Listen On:
Key Takeaways:
- [01:03] Home affordability is a national crisis as existing home sales are at a record low while new home construction is well below what is needed to meet demand.
- [02:16] Today, over 22 million people live in manufactured homes throughout the US.
- [04:38] Over 70% of consumers cited affordability as the key indicator in choosing a Manufactured Home.
- [09:35] Credit Unions may also consider the opportunity to partner with specialty finance companies such as Triad who can source the loan through dealer relationships, originate loans according to the credit union's guidelines, and service loans while helping the credit union secure new members while growing their loan portfolio.