Blog Entry

Facts About Manufactured Homes

Today’s manufactured homes offer quality construction, customizable floor plans and amenities comparable to site-built homes.

Manufactured housing is the largest form of unsubsidized affordable housing in the U.S. and the only type of housing built to a federal construction and safety standards (the HUD code).

Manufactured homes must be built to the HUD code, a single uniform regulatory framework for home design and construction, including standards for health, safety, energy efficiency, and durability.

Taken from ~ MHI

How do I Finance a Manufactured Home?

Once you have found your dream home, you have multiple financing options available to you. There are two common ways of financing. When you are financing the land on which you’re placing the home along with the home itself, you’re likely to use a conventional land or land construction loan. If you’re financing just the home itself, you’ll probably use a chattel loan.

Taken from ~ Ohio Manufactured Housing Association

Manufactured Home Community Statistics

Residents of manufactured home communities are split evenly between Boomers and those who are older, versus Generation X and those who are younger. Forty-seven percent of residents report being located in a suburban area, while 33.2 percent are in rural settings, and 19.2 percent are in urban settings.

Taken from ~ MH Insider