Kentucky-based bank commits to program supporting prospective manufactured home buyers
Media Contact:
Grant Beck, Marketing and Communications Manager
Email: g.beck@nextstepus.org
Phone: (202) 851-7550
LOUISVILLE, KY – October 26, 2017 – Today, Next Step Network is announcing that Century Mortgage – a Louisville based mortgage lending company – has joined the Next Step Network, participating in the organization’s SmartMH Program. The SmartMH program brings together forward-thinking Kentucky-based organizations and businesses dedicated to supporting prospective manufactured home buyers through housing counseling and homebuyer education.
“We are thrilled to have the team at Century Mortgage become the latest addition to the SmartMH program,” said Stacey Epperson, president and founder of Next Step. “Our SmartMH lending partners recognize the critical importance that manufactured homes play in the affordable housing market in Kentucky.”
Century Mortgage is a community-oriented mortgage lending company based in Louisville. Team members at their five Kentucky-based offices strive to give their customers personal, concierge-like service to ensure that their financing needs are met.
“Century Mortgage is committed to the communities that we serve, and that means fostering personal interactions for our customers,” said Bryan Wiegandt, president of Century Mortgage. “Manufactured homes offer a path to affordable homeownership for many in our communities, and they need a partner dedicated to helping facilitate their best financing and home buying experience.”
Lenders that are a part of the SmartMH program engage with prospective homebuyers who want to purchase a manufactured home by helping navigate them to a HUD-certified, nonprofit housing counseling organization that provides access to homebuyer education and counseling services. SmartMH lenders can then work directly with prospective homebuyers, getting them pre-approved to purchase a modern, energy-efficient manufactured home.
The SmartMH program connects qualified homebuyers with financial institutions and manufactured home retailers to increase access to affordable, ENERGY STAR® manufactured homes with fair financing. Freddie Mac has partnered with Next Step to grow the SmartMH program, while improving access to credit for prepared, manufactured homebuyers in Kentucky.
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Next Step Network® mobilizes a national network of nonprofits to provide affordable housing tailored to the needs of communities that they serve. Their system – Manufactured Housing Done Right® – connects responsible financing, comprehensive homebuyer education and delivery of high-quality, ENERGY STAR® manufactured homes at scale, creating a model that brings more value to the customer. Learn more at www.nextstepus.org.
Over the course of 20+ years in the mortgage industry, Century Mortgage has become one of the leading mortgage lenders in the area, and always growing. Century is a company founded on the idea that the mortgage business is an inherently personal business built on relationships and trust. Century¹s founder, Matt Bohn, based the business in Louisville, Kentucky with private equity so clients could get quick approvals and a personal, concierge-like service that just can¹t be found in branches of big banks or online ³click to loan² service. Century’s network of highly trained loan officers have been helping clients find the right loans with the right terms and payment levels for their budgets. Century is committed to faster approvals, less bureaucracy, and more personal attention as a way of doing business. Visit our website to get started today at www.CenturyMortgage.com!