March 30, 2022
Tags: Manufactured Homes, mortgage, Home Buyer Information, Modular Homes
Manufactured and modular homes define two prefabricated housing alternatives that are built in factories and assembled on site. Although these types of homes share some common characteristics, a few significant differences can persuade a homebuyer to choose one option over the other.
Read MoreFebruary 19, 2021
Although both standard and manufactured homes must meet all the applicable building codes and standards for new construction, there are a few important differences between these two types of homes. To begin with, a conventional home is constructed from traditional building materials, such as concrete, wood, metal, bricks, insulation, and composites, directly on a lot where it will remain permanently.
Read MoreFebruary 9, 2021
Equity built up in a manufactured home offers the same advantages as the equity in any other type of home. Why is home equity so important? In a nutshell, equity is a great financial tool that you could use in order to secure a home equity loan, a home equity line of credit, also referred to as HELOC, or a cash-out refinance.
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