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Modular vs. Manufactured Homes: What’s the Difference?

Most Americans don’t understand the differences between modular homes, manufactured homes, and mobile homes. According to manufacturedhousing.org, the manufactured housing industry produced 105,772 new homes in 2021, and there are nearly seven million manufactured homes in the United States, according to the U.S. Census Bureau. Approximately 9% were new single-family homes. They’re Both Considered Prefab …

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Mobile Home vs. Manufactured Home: What’s the Difference?

With rising real estate pricing and many consumers squeezed out of the traditional site-built marketplace, many are turning to mobile or manufactured homes as starter homes. Many consumers are pleasantly surprised by the range of choices and customizations offered by a new generation of manufactured homes. According to manufacturedhousing.org, the manufactured housing industry produced 105,772 …

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5 Best Conventional Mobile Home Loans + 6 Other Options

According to consumerfinance.gov, manufactured housing makes up six percent of all occupied housing, and a smaller fraction is mobile home loan originations. Of this small fraction of loans, 42% are considered chattel loans secured by the home and not the land. In short, a personal property loan. Here are some mobile home loan options to …

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