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.
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Transitioning from a Standard Manufactured Home to a Modular Home
March 30, 2022
Tags: Manufactured Homes, mortgage, Home Buyer Information, Modular Homes
5 Mortgage Tips You Won’t Want to Miss
February 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 MoreTurn Your Tax Refund into Equity
February 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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