(San Antonio, TX) – CU Factory Built Lending (CUFBL) received the 2012 MHI Regional Lender of the Year Award at the 2012 National Congress & Expo for Manufactured and Modular Housing in Las Vegas, Nevada. CUFBL specializes in financing manufactured homes in more than 40 states.
Bill Strunk, Regional Manager of the West Region, and Jeff Mouat, Sales and Marketing Manager, accepted the award on behalf of CUFBL. The company received this honor because of their outstanding performance as the regional lender that best contributes to product innovation, provides the best response to meet customer needs, contributes to the well-being of the manufactured housing lending industry and demonstrates ethical and prudent lending practices.
One innovation that CUFBL provides is the One Step Program which offers extremely low interest rates for the first five years and a very competitive fixed rate for the remainder of the loan term that is locked in at closing. The program allows customers to build equity more quickly because of the reduced interest costs of the loan. The company is also an active participant in state manufactured housing associations through sponsorships and board memberships.
“We are honored to be recognized by our peers for our efforts in serving this industry. At CUFBL, we are a team that thrives in serving others in a family culture, with honesty and integrity, demonstrating loyalty to employees, members, and clients, and responsibility to our community,” Strunk said.
Since 2003, CUFBL has helped meet the growing demand for financing in the manufactured housing market, with regional offices in Greensboro, NC; San Antonio, TX; Seattle, WA; and Fairfax, VT; serving current and prospective manufactured home owners across the United States.
CUFBL is a division of SACU a $2.9 billion credit union, serving more than 250,000 members with 17 locations in San Antonio, one location in Houston and in communities across the country through CUFBL, its manufactured housing division. For information, please contact Dave Soper, Sales and Marketing Analyst, at 866-279-1899 Ext. 6683 or dsoper@sacu.com.