Manufactured homes are an excellent option for those looking for affordable housing solutions. These homes are not only cost-effective but also offer a range of benefits that make them a popular choice among homebuyers. One of the key advantages of manufactured homes is their versatility. They come in both double and single-wide options, allowing buyers to choose the size that best suits their needs.
In addition to being affordable and versatile, manufactured homes are also known for their energy efficiency. These homes are built with energy-saving features such as high-quality insulation, energy-efficient appliances, and advanced heating and cooling systems. This not only helps homeowners save on their energy bills but also reduces their carbon footprint.
- Minimum FICO 680+
- Offered on Fixed Products
- Single and Multi-Wide
- Up to 70% LTV
- Must be Affixed to a Permanent Foundation
- All Utilities Connected Tow Bar/Hitch, Axels, Wheels Removed
Contrary to popular belief, manufactured homes also appreciate in value over time, much like site-built homes. With the right maintenance and improvements, these homes can see an increase in their market value. This makes them a smart investment for those looking to build equity and secure their financial future.
When it comes to financing, manufactured homes are available on conventional, FHA, and VA loans. This means that buyers have a variety of options to choose from, making homeownership more accessible to a wider range of individuals. Additionally, the credit score requirement for manufactured home loans can be as low as 500, making it easier for people with less-than-perfect credit to qualify.
Manufactured homes offer a range of benefits that make them an attractive option for homebuyers. They are affordable, versatile, energy-efficient, and appreciate in value over time. With various financing options available and a low credit score requirement, these homes provide an excellent opportunity for individuals and families to achieve their dream of homeownership.
Contact our office for more information about Manufactured Homes financing.
