Manufactured Housing News

Does My Spouse’s Credit Affect Me Buying a Home

Tuesday, 9 November 2021

Tags: Home financing, Home Buyer Information, homebuyer

At Triad Financial Services, our professionals receive many questions about the minimum requirements that an applicant must meet in order to qualify for a manufactured home loan. One question we get asked quite often is whether a spouse’s credit score impacts the other spouse’s ability to qualify for the loan amount they need to buy a manufactured or modular home.  

Can Manufactured Housing Reshape the Post Pandemic Housing Market?

Wednesday, 16 June 2021

Tags: affordable housing, Home financing, Home Buyer Information

As we prepare for a return to normalcy after the coronavirus pandemic, economic growth and consumer spending are following a positive trajectory. In the current socio-economic context, lower interest rates and specific home loan programs are offering unique opportunities that encourage more people to pursue homeownership. Considering all these, the positive consumer sentiment fueling a renewed interest in buying a home comes as no surprise, especially after many sellers, buyers, and real estate agents paused their home-buying activities last year. On the downside, the supply of new and pre-owned properties is shrinking fast amid the growing demand for housing. 

Tax Exemptions and Your Manufactured Home

Tuesday, 16 March 2021

Tags: Manufactured Homes, Home financing, Home Buyer Information, homebuyer

A manufactured home can be classified as personal or real property. This means that a manufactured homeowner can choose to continue to use the home as personal property and pay the annual license tax required or convert it to real property and pay real property taxes. A positive aspect of converting your manufactured home to real property is that you may be eligible for a series of tax exemptions and deductions. In order to better understand the tax benefits of owning a manufactured home, let’s take a look at the differences between tax exemptions and tax deductions. 

Subscribe to Email Updates

    Download a free case study from Triad Financial Services