Manufactured Housing Finanancing by PS HOME LOAN
MOBILE HOME LOANS By PS Loan
2210 E. VISTA WAY, SUITE 1 VISTA, CA 92084
TOLL FREE 1-800-235-7408
FAX (760) 806-1750

EMAIL: mobile-home-loans@psloan.com

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Custom Manufactured Homes

Because some homebuyers want to purchase a home that is unlike other homes in the neighborhood, these persons generally consult a home builder and discuss a unique floor plan. Since home and land prices have hit a record high, affording a new construction and custom design home is not feasible for some families. On the other hand, if a homebuyer considers the possibility of a manufactured home, they may be able to design a custom home at an affordable price. Custom manufactured homes are becoming increasingly popular. The stigma surrounding manufactured or modular homes is slowly dying. Mobile homes from the past were very small and depreciated very quickly. Today, modern manufactured homes are designed to look like single family homes. Furthermore, they are built with quality materials, which help the home retain its value.

Several dealers and builders specialize in custom manufactured homes. Because these homes are assembled in a factory, and shipped to the location, homebuyers can choose a builder nationwide. Thus, you are not limited to local builders. The longest part of the process is selecting a custom home design. Builders have a large gallery or catalog of homes. Choose a simple design, or select custom features for a personalized touch. Custom homes allow buyers to modify the interior and exterior. Choose the outdoor siding, include a deck or front porch, customize the interior with hardwood floors, etc. The possibilities are never-ending. The goal is to help buyers create the home of their dreams.

Custom manufactured homes are very different from mobile homes. Mobile homes have wheels attached to the structure. Moreover, a mobile home can be moved from location to location. On the contrary, once a manufactured home arrives at the site location, it is permanently affixed to the ground. Beforehand, the ground or site is prepared, which involves laying the foundation, or constructing a crawl space. Hence, many cities categorize manufactured homes as single family dwellings. Homes are built with durable materials, and builders must stick to local and state building codes. Thus, homebuyers do not have to worry about their manufactured home bulking under intense weather conditions.

The completion time for custom manufactured homes vary according to builder. Some builders have a long backlog of homes. In this instance, it may take several weeks before the builder is able to begin construction of your home. However, once construction starts, the different segments of the home are typically finished within three – four weeks. The next step involves delivering the home to the site, and completing the home. The builder is responsible for hooking up the water, sewage, electricity, etc. Overall, the entire process should take less than 3 months to complete.

There are two financing options available to persons buying custom manufactured homes. You can either obtain financing from the dealer or builder, or contact a mortgage lender for a loan. Before selecting a lender, carefully evaluate both options. Contact the dealer's finance department and request quotes, and compare the offer with a mortgage lender's offer.

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