The Challenge Every Dealership Faces
You've found the right client for that manufacured home. They love the floor plan, the upgrades, everything. But then comes the financing challenge:
Common Roadblocks Slowing Your Business
Traditional lenders turn them down due to credit or property type
Qualified buyers walk away when financing options don’t fit their needs
Clients don't have land and can't find land + home financing together
Inventory sits while clients struggle with complex financing
Cash flow suffers waiting 90+ days for deals to close
How We Solve These Hurdles
Flexible Credit Acceptance
More borrowers can qualify — even with imperfect credit histories.
Credit scores as low as 620 (when required)
Alternative credit documentation
Compensating factors considered
Land + Home Financing Together
Clients don't need to own land first — we handle it all in one loan.
We can roll land purchase into the loan
Simplifies the entire transaction
One lender, one loan, one closing
One-Time Close Process
Client qualifies once upfront — before you deliver the home. No surprises at the finish line.
Instead of two separate loans the client qualifies once upfront before you deliver the home
One loan, one approval, one closing - simple process
Rate locked from day one with float-down protection
No requalification after installation
Land purchase included in loan amount
Faster closings (30-45 days) mean faster inventory turnover
Create flexibility for buyer closing costs without impacting revenue
THE RESULT
More clients can qualify, deals don't fall apart, and you move inventory faster.
Understanding One-Time Close (OTC) Financing
TRADITIONAL TWO-TIME CLOSE
First Closing
Construction loan approval
Closing costs #1
Appraisal #1
Client feels confident
INSTALLATION PERIOD
Home delivered and set
Foundation installed
30–60 days pass
Second Closing
Employment, credit & income reverified
Closing costs #2
Appraisal #2
Interest rate could have increased
High risk of denial — your sale falls apart
Home sits as “sold” but deal hasn’t closed
Client frustration impacts your reputation
Time and resources wasted
Potentially lost sale revenue Inventory management
One-Time Close Construction Loan Process
Client qualifies once at the beginning
Full underwriting completed upfront
Rate locked with float-down option
You know the sale is solid
Faster closings (30-45 days) mean faster inventory turnover
Single set of closing costs
One appraisal process
Lower overall client costs
Less friction, happier clients
Funds released at completion milestones
Professional inspections
You get paid as work completes
Predictable cash flow
BENEFITS TO YOUR DEALERSHIP
Reduced Deal Fallout
Clients commit and stay committed throughout the process
Faster Inventory Turnover Close deals in 30-45 days, move inventory efficiently
Serve clients traditional lenders reject
Loan converts to permanent financing at completion
No requalification required
No second closing
Deal is done - home is theirs
Structured Draws Funds released throughout the construction process Competitive Advantage Offer financing solutions others simply can't match
How This Helps Your Business
Flexible Credit Requirements
Help turn more shoppers into qualified buyers
Expand your customer base with Conventional, FHA, VA, and USDA options
Helping more customers qualify can mean moving more inventory
Result: Clients traditional lenders reject become YOUR customers
Lower Down Payment Barriers
0% down: VA (veterans), USDA (rural properties)
3.5% down: FHA loans
Land equity counts toward down payment
Gift funds accepted from family
Result: More clients can afford your homes
New American Funding Handles You Focus On
Foundation requirement guidance
Construction draw coordination
HUD code compliance verification
Inspection scheduling
Payment processing
Selling homes
Serving customers
How This Helps Your Business
Faster Inventory Movement
Traditional Financing: 60-90+ days with requalification risk
OTC Financing: 30-45 days with upfront approval
Result: Turn inventory faster and improve cash flow
Competitive Differentiation
“We partner with a lender who’s experienced in manufactured homes”
“Our clients qualify once - no requalification stress”
Build Client Confidence
They’re approved upfront
One simple closing process
Rate is locked (with float-down option)
No requalification after installation
Result: They buy with confidence, refer friends, and leave positive reviews
“One-time close means one simple process”
“We close deals in 30-45 days”
Result: Stand out from competitors and close more sales
UNDERSTANDING WHO NEEDS YOUR HOMES
FIRST-TIME HOMEBUYERS (AGES 25-40)
MARKET SIZE: 32% OF ALL HOME CLIENTS IN 2024⁵
Buyer Profile
Young families seeking affordable homeownership
Median age: 38 years⁶
Cannot afford median home prices ($367,282) ²
Credit scores: 580-700 range
Down payment capacity: 0-10% (median 9%) ⁶
75% of Younger Millennials are first-time clients⁷
Why They Need Manufactured Homes
Only path to homeownership at their budget
Modern, energy-efficient, and move-in ready
Lower monthly payments than site-built homes
Their Challenge
Traditional lenders reject them
Your Solution
OTC financing that accepts lower credit scores and down payments
How to Reach Them
Digital marketing: "affordable homes," "first-time client"
Partner with realtors
Social media education
First-time homebuyer programs
UNDERSTANDING WHO NEEDS YOUR HOMES
DOWNSIZERS & RETIREES (AGES 55+)
Buyer Profile
Empty nesters reducing housing costs
Median seller age: 63 years⁶
Want single-level, low-maintenance living
Good credit, equity from previous home
Fixed or limited retirement income
Why They Need Manufactured Homes
Dramatically lower housing costs
Minimal maintenance
Community amenities
Preserve retirement savings
Their Challenge Your Solution How to Reach Them
Manufactured home
Don’t want site-built construction delays
Quick, efficient installation with simple financing
community partnerships
Retirement planning seminars
RV and camping show presence
Senior center outreach
UNDERSTANDING WHO NEEDS YOUR HOMES
RURAL CLIENTS WITH LAND
Buyer Profile
Already own land or have family land
Site-built costs prohibitive ($300K+ in rural areas)
Stable rural employment
Value land over home size
Why
They Need Manufactured Homes
Only affordable way to build on their land
Faster than traditional construction
Customizable options
Partner with land sellers
Rural community events
Farm and ranch shows
Local radio/newspaper advertising
UNDERSTANDING WHO NEEDS YOUR HOMES
VETERANS & MILITARY FAMILIES
Buyer Profile
Eligible for VA loan benefits
Often relocating to affordable areas
No minimum credit score required with VA
No down payment option
Don’t realize VA loans cover manufactured homes
VA-approved OTC financing with no down payment option
Why
They Need Manufactured Homes
Maximize VA benefit with lower purchase price
Available nationwide Quality construction
Veterans organizations
Military base partnerships
VA home loan workshops
Veterans’ affairs offices Their Challenge Your Solution How to Reach Them
"Have you been pre-approved for financing?"
"We partner with a lender who specializes in manufactured home financing."
Sales Conversation Starters “ “ “
"Our clients qualify once — no stressful requalification after installation."
“"We can help even if traditional lenders have said no."
Introduce OTC process early
Surface financing intent on the first touchpoint to align the right program before expectations are set.
Build confidence immediately
Replace uncertainty with expertise. Buyers feel they're in capable hands before the conversation goes further.
Differentiate from competitors
Remove the #1 friction point buyers fear. A single qualification removes anxiety and sets you apart from the competition.
Expand your client pool
Turn away no deal before exploring options. This opener recovers prospects who assumed they disqualified.
New American Funding OTC Solutions
USDA LOANS
FHA LOANS
Minimum credit score 620 (when required)
As little as 3.5% down
Alternative credit accepted
As little as 3.5% down payment required
VA LOANS
Minimum credit score 620 (when required)
No money down options
No private mortgage insurance (PMI) required
Exclusively for eligible veterans & service members
Minimum credit score 640 (when required)
No money down options
0% down for qualifying rural properties
CONVENTIONAL LOANS
Minimum credit score 680 (when required)
Various down payment options available
As little as 5% down
DOWN PAYMENT OPTIONS
Land equity counts toward purchase
Gift funds from family accepted
Features
15-30 year fixed-rate terms
Float-down option if rates decrease during construction
Land purchase included in loan amount
One-time close process with structured draws
Professional construction support
Permanent foundation guidance
Nationwide lending
Property Requirements
Primary or secondary residence
Permanent foundation required
Built after June 15, 1976 (HUD code)
Single-wide, double-wide, multi-wide accepted
New construction and renovation eligible
How the Process Works
Partnership Benefits
Comprehensive Industry Knowledge
20+ years financing manufactured homes
Deep understanding of HUD code requirements
Relationships with major manufacturers
Professional construction draw management
We Speak Your Language
Understand dealership challenges
Know installation timelines
Familiar with foundation requirements
Experience with builders and retailers
Quick Pre-Approval
Often same-day approvals
Clear communication to clients
Simple documentation requirements
Streamlined Process
One application, one approval
Structured draw schedules
Professional inspection coordination
Direct payment to your dealership
Dedicated Support
Assigned loan officer partnership
Direct line to our experienced construction loan team
Proactive communication throughout
Problem-solving when challenges arise
What We Provide Your Clients
WHAT YOUR CLIENTS CAN EXPECT
Clear explanation of OTC process
Foundation requirement guidance
Transparent timeline expectations
Single-point-of-contact service
WHAT THIS MEANS FOR YOU
Confident clients who move forward
Fewer questions and concerns
Smoother transactions
More satisfied customers
Better online reviews and referrals
The Growing Market
Industry Momentum & Production Growth
103,314 homes produced in 2024 (up 15.8%) ¹
Recovering faster than site-built housing
Sustained demand for affordable housing
Market Value
Global market: $221.3 billion (2024) ³
Projected: $412.41 billion by 2035³
Average price 66% less than site-built²
Consumer Demand
Housing affordability crisis driving demand
Modern manufactured homes gaining acceptance
Quality construction changing perceptions
Energy efficiency attracts clients
Ready to Offer Financing That Moves Inventory?
New American Funding’s One-Time Close construction loans give your business a competitive advantage. With our specialized manufactured homes and flexible programs: One Close + Simple Process = Happy Clients.
Schedule Partnership Call to Discuss
Dealership partnership setup
Pre-approval process
Training for your sales team
Direct loan officer relationship
Send Your First Client & Experience Our Process
Fast pre-approval
Clear communication
Professional support
Smooth transaction
Making Homeownership
1. MHInsider Magazine, 2025 State of the Industry Report (103,314 homes produced in 2024, up 15.8% from 2023)
2. Construction Coverage Research, 2025 Manufactured Housing Analysis (Average price $123,300; median site-built home $367,282)
3. Market Research Future, Manufactured Housing Market Outlook 2025-2035 (Global market valued at $221.3
5. National Association of Realtors, 2024 Home Clients and Sellers Generational Trends Report (32% of
6. National Association of Realtors, 2025 Profile of Home Clients and Sellers (Median first-time client age: 38 years; median down payment: 9%; median seller age: 63 years)
7. National Association of Realtors, 2024 Generational Trends Report (75% of Younger Millennials are first-time clients) **Excludes VA funding fee