When it comes to buying a home, the real estate industry is full of options. If you’re in the market to purchase a home, or considering building one, you may be aware that modular homes are a popular option. Simply put, modular homes have sections that are built in a factory, rather than being fully built on a home site. These parts are then transported to the site and assembled by a builder.
Modular homes – also often known as factory-built, prefabricated, or systems-built homes – still only represent about 1.5% of all single family homes in the U.S. But more and more, the interest in modular housing is growing among American homebuyers. This is because modular homes offer both the flexibility to modify and create custom floor plans, as well as all the modern amenities, features, and design styles you’d expect in traditional homes.
Remember, a modern modular home offers just as much, if not more, freedom and customization as a site-built home. Far from being a detriment, being factory-built is one of the greatest benefits of modular construction!
If you’re looking to purchase a new modular home, you should know what to expect when it comes to price. Some factors to consider are base price, the cost of customization, as well as the fees associated with delivery, installation, permits, and more. Click “Learn More” to read our comprehensive walkthrough of pricing out the total cost of a typical modular home.
Not sure what kind of modular home is right for you? Check out our carefully curated selection of modular home and manufactured home styles below. There’s a huge world of styles, sizes, and designs to explore!
Let us find you the perfect loan for the perfect home. Finding the right modular home loan doesn’t have to be a struggle, and being able to compare qualified lenders has never been easier. We make it simple for you to find the right lender who will help you and your family with modular home financing.
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