Manufactured Homes Offer Quality Housing & Affordable Mobile Home Finance

Loans Why Should I Consider A Manufactured Home? If you’re looking to get the most out of your "housing dollar," you need to consider a manufactured home. Depending on the region of the country, construction costs per square foot for a new manufactured home average anywhere from 10 to 35 percent less than a .parable site-built home, excluding the cost of land. Today’s manufactured homes offer the quality construction, modern amenities and livability you are seeking…at a price that fits your lifestyle and your budget! System-built homes with the Energy Star certification allow for even more efficiency, as well as savings. American homes use approximately 25 percent of the energy in the United States. Homes built featuring products with the Energy Star label use approximately 35 percent less energy than a typical new home, and prevent 4,500 pounds of greenhouse gas emissions each year. These homes have effective insulation, high performance windows, upgraded heating and air conditioning systems, tight duct systems and upgraded water heating equipment. Appliances in a new system-built home are most likely Energy Star certified as well. How Is A Manufactured Home Different From A Site-Built Home? Isn’t "Manufactured Home" Just A Fancy Name For A Mobile Home? A manufactured home is constructed entirely in a controlled factory environment, built to the federal Manufactured Home Construction and Safety Standards (better known as the HUD Code). A site-built home is built "on-site" using traditional building techniques that meet either a local or state building code. What Kinds Of Mobile Home Loan & Refinance Programs Are Available For Manufactured Homes? Just as there are choices when you buy a site-built home, there are a variety of financing options when you buy a manufactured home. Down payments and loan terms are similar – 5 to 10 percent of the manufactured home’s sales price, and loan terms of 15 to 30 years. If you are buying the home and land together, or plan to place the home on land you already own, some financial institutions offer traditional real estate mortgages with similar interest rates. Should you be purchasing the manufactured home separately from the land on which it will be located, the home will probably be financed as a personal property manufactured home loan, usually with a somewhat higher interest rate. About the Author: 相关的主题文章: