Brokered Out Loans

Credit Human

Contact Information

Aisha Owens
Business Development Executive
WA, WY, UT, CO and SoCal Territory
866-595-7228 x 6245 Aowens@credithuman.com

Lender Highlights

Credit Human offer a wide range of manufactured home loan programs. - New/Used Manufactured Home Purchase on private land, all age or 55+ park w/ 50+ spaces, condo park or PUD - Manufactured Home Rate/Term Refinance - Manufactured Home Cash Out Refinance Credit Human can lend on twice moved homes, homes that are not permanently affixed to the property, and homes that are considered *Prehud (built before 1976). *Conditional depending on state/location

Eligible States

Washington, Oregon, California*, Montana, Colorado, Utah, Wyoming, Idaho, Arizona, Nevada • Other regions available but would need extra setup

Lender Fees and Lender Paid Compensation

Lender Fees: $207 – Chattel Loans
$1,189 – Land Home Loans
Lender Paid Compensation: 4 Points N/A

Product Information:

Consumer pays no origination fee for Chattel Loans if Lender Paid Comp is selected
• Consumer receives published interest rate PLUS .80% on Chattel Loans only - If LP Comp is selected.
• Broker receives 4% of the sales price less the down payment, excluding financed fees and sales tax - If LP Comp is selected
• Broker is prohibited from charging the consumer a fee
• Land Home Loans are Borrower Paid Comp Only
• Min FICO accepted is 660 Equifax only
• DTI max of 34%/45% *debt ratio exceptions allowed up to 45%/55% ask rep for details

Submission

Any new LO and/or branch location that wants to submit a file must first speak with their territory rep to be assessed. LO must attend onboard training and receive submission documents needed from their territory rep as each region has different programs offered and different submission instructions