San Antonio FCU Acquires Mobile Home Lender
SAN ANTONIO, Texas – San Antonio FCU said yesterday it has acquired Mountainside Financial, the largest broker for mobile and manufactured home lending in the U.S.
As a result, Mountainside has been added to SACU’s CU Factory Built Lending division,which provides loans to homeowners in communities who which to build on private land. The company supports retailers and brokers with new and used home purchases, refinancing and other loan products for the manufactured home owner.
Financial terms of the deal were not disclosed.
SACU is a $2.8 billion credit union, with 19 locations in San Antonio and one location in Houston. Mountainside has offices in Aurora, Colo. and Fairfax, Vt.