Over the past decades, technology has fundamentally transformed the way we live, work, shop, communicate, and do business. But one more thing technology has changed is the way we build homes, particularly factory-built homes. Allowing manufactured home builders to improve productivity and safety, while also reducing construction costs and time, modern technologies can add significant value at every stage of the manufactured home building process.
Manufactured Housing News
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.
Over the past couple of years, home prices have increased at unprecedented rates. The high number of people looking for homes with more outdoor space and privacy as well as the economy, which has emerged from the downturn of 2020, are two of the factors that have contributed to the steep increase in home prices and rental rates.