Manufactured Home Financing

“Age is an issue of mind over matter. If you don’t mind, it doesn’t matter.” Mark Twain Manufactured homes continue to remain the number one housing option for seniors retiring from the [...]

Typically, shoppers seeking manufactured home or modular homeownership, with the idea of placing that home on land, will visit a local retailer for guidance on how the transaction will unfold. [...]

Let’s suppose you have discovered your dream home, agreed upon a price with the manufactured home retailer, paid your deposit and /or down payment, received lender approval, and authorized the [...]

The purchase of a new home is an exciting time for everyone. At times, it might even be a challenge just to stop daydreaming about how wonderful your new home will be. As exciting as it might all [...]

Effective July 1, 2019, Georgia House Bill 212 will affirmatively exempt retailers or retail brokers from the state’s “mortgage broker” licensing under GA. Ann. Code 7-1-1000, per an online news [...]

What do you do for a customer who can’t qualify for chattel financing?  They’ve picked out the home; they’ve been approved by the park, but every major chattel lender has turned them down – [...]

With the Innovative Housing Showcase now at a close, plenty of people are talking about Fannie Mae’s MH Advantage & Freddie Mac’s CHOICEHome requirements and benefits. These two [...]

Ben Carson, Secretary of Housing and Urban Development is making factory-built housing, specifically, affordable and resilient housing a priority. Fox Business’ Stuart Varney had a chance [...]

Freddie Mac announced on May 1, 2019, that Freddie Mac’s CHOICEHome brings conventional mortgage financing to factory-built homes to increase the availability of quality affordable manufactured [...]

Even in markets where there is available land and financing, labor shortages and other factors make it challenging to build affordable, traditional homes fast enough to meet consumer demand or [...]