Modular Homes

Pros:

• Sustainable Construction
• Affordability
• Speed
• Traditional Mortgage Options
• Highly Customizable
• Energy Efficient

Cons:

• Land: if you’re building a modular home from scratch, you’ll need to buy and prepare land before your can install your home
• Zoning Restrictions: Many cities either have outdated or an absence of zoning codes, which can make finding appropriate land difficult
• Upfront costs: While a manufactured homeowner could just rent land with no upfront costs, you’ll need to prepare to spend more upfront. Preparing the land alone may cost $4,000 – $11,000 between surveying and excavation work.
• Construction loan: You’ll likely need a construction loan to afford the manufacturing of your new home.

How to buy a manufactured home

1. Find the manufacturer you want to buy from
2. PREQUALIFY. Modular homes are financed the same as a stick-built house, so once you are approved, our team will help you understand the best financial strategy for you!