What you Should Know about FHA Mortgage Loan Rules for Manufactured Homes

Posted on Posted in Manufactured Homes

Many manufactured homeowners are not aware of the fact that FHA mortgage loans are available for more than condominiums and suburban homes. FHA mortgage loans can also be used for purchasing modular homes, mobile homes, and manufactured homes. Most of the manufactured homes are usually sold and transported to the building site of the buyer […]

Why is it Difficult to Get a Conventional Mortgage for Buying a Manufactured Home

Posted on Posted in Manufactured Homes

A recent report released by the U.S. Census Bureau indicates that the average selling price of a single unit manufactured home is about $45,000. Getting a home or personal loan under $50,000 has become a serious challenge for many low and medium income American citizens. This condition has negatively affected the entire affordable housing market, […]