Frequently Asked Questions
What’s The Difference Between Manufactured and Modular Homes?
A manufactured home is constructed as a whole in the factory and then transported to the site where it is installed on a steel chassis foundation. Modular homes, on the other hand, are built sections at a time and then transported to the site where they are assembled and installed on a permanent foundation.
Modular homes can’t be moved once installed, unlike their manufactured counterparts, which can be moved to a different location even after installation. What’s more, manufactured homes are subject to the U.S Department of Housing and Urban Development (HUD) regulations, while modular homes are built using the same state building codes as site-built homes.
Are Modular Homes Affordable?
Manufactured homes provide quality housing and an opportunity for home-ownership. They often cost less than renting and can offer more square footage and distance from neighbors than an apartment. The cost per square foot for a new manufactured home can be up to 50 percent less than the cost of a comparable site-built home, excluding land costs.
Are They Customizable?
Most manufacturers allow limited customization to floorplan changes and a selection of interior options to choose from. This allows the customization of patterns and design to make the home of your dreams feel and depict how you and your family desire.
Why Are Manufactured and Modular Homes Less Expensive?
Manufactured and modular homes are generally budget-friendly compared to site-built homes, and it is not because they are of poor quality. The relatively low prices of these homes are as a result of manufacturers buying building materials in bulk, which means less cost per item.
Lower labor costs due to the short building time and specialization by the workforce also contribute to the low production costs. What’s more, there is less waste of materials as surplus can be reused in building other homes. All these come together to help manufacturers realize savings that they pass on to customers in the form of low-cost homes.
Where Can I Put a Manufactured Home?
It doesn’t matter whether you want to live in a city in a neighborhood, out on acreage, or in a leasehold community. Visit our manufactured home sales center or mobile home dealer and the housing professionals will gladly provide information and guidance to help you build your custom home on the land of your choice.
What Are My Financing Options?
When buying a manufactured or modular home, your financing options are dependent on whether you own the land on which you intend to install the home, or you plan to purchase both the home and the property. This is because there are loans for those who own the land and those who don’t. You can take advantage of the FHA, VA, and USDA Loans, which are federally insured along with conventional land –home loans if you own the land while Chattel financing is ideal if you don’t.
Are Manufactured Homes More Susceptible To Fire Than Site-built Homes?
The manufactured housing industry produces safe and fire-resistant homes that are in the market today. They are no more prone to fires than homes built on-site. In fact, studies prove it. The results of a 2013 National Fire Protection Association (NFPA) report comparing the impacts of fires on manufactured and traditional housing showed:
- The fire-death rate in HUD-Code homes, those built after 1976, was equivalent to other site-built housing, and that manufactured homes have 38-44 percent fewer fires than site-built homes.
- Manufactured homes have essentially the same fire death rate as other single-family residential homes.
- Manufactured homes have “a lower rate of civilian fire injuries per 100,000 occupied housing units than other one or two-family homes” and post-HUD standard manufactured homes are more likely than other homes to have fires confined to the room of origin.
How Long Does the Manufactured Housing Process Take?
Every client’s situation is different. Regrettably, weather, site conditions, build times, as well as financing changes per transaction. It is very difficult to generalize time frames when so many variables are present and subject to change. An evaluation by our professionals can better estimate a proposed time frame after a closer examination of the specific details.