The idea of buying a house is not something that many young people are familiar with. Homeownership could be within their grasp, giving them a solid home base where they can continue building their lives. A home can be achieved for most anyone with the right tools and mindset.
The traditional home buying model can be complex and expensive for first-time home buyers, and too often people interested in homeownership are dismayed or intimidated by it. That is why manufactured homes are a great choice for those looking for a home that is affordable and attainable.
There are some reasons why you should consider a manufactured home, and how you can get the financing you need to make it happen.
They can be more eco-friendly.
If you want a home that is eco-friendly, manufactured homes are an ideal choice. A typical manufactured home is more energy efficient than an older site-built home of the same size. The process of building an off-site built home is more efficient and green than a traditional site-built home. These stylish homes can help you save money on utility bills.
They are more affordable.
The average price of a manufactured home without land is $118,000, which is less than the average price of a new home, but still great value. You can find financing options that suit your needs with the help of the lender. The Express portal makes it easy for customers to track and close on a home.
They are highly personalized.
Some off-site built homes look different than others. You can work with the builder to modify a manufactured or modular home to your liking. There are floor plans that can be used for an at- home office, gym, or additional bedroom. Once you find a floor plan that you like, you can modify it. Modifications can be made, from selecting custom features to bringing in more light.
Style and customization opportunities have been the focus of manufactured home builders. Today's off-site built homes feature deep soaker bathtubs, kitchen appliances, tray ceilings and open floor plans. Financing companies are offering simplified programs to support smart home buyers. The credit was given to the company, Vanderbilt Mortgage and Finance, Inc.
They have stylish designs.
If you want a quality-built home that looks like a million bucks, a manufactured home can be a good choice. Modern kitchens, custom cabinets, tray ceilings, and other amenities will make your new home feel like your home. Off-site home builders can provide name-brand appliances and features that home buyers expect at a lower cost because of the economies of scale and large-scale manufacturing.
They are a great investment.
Net worth can be built by owning a manufactured home. According to the Federal Reserve, homeowners have a net worth that is 40 times greater than renters. Homeownership is an investment in your financial mindset. You need to budget and be responsible to make owning a home work for you. The personalized service of the mortgage company can help you understand what to expect, give you financial tools, and ensure that your dream home is a place where your dreams can come true.
The US Environmental Protection Agency owns the ENERGY STAR mark.
Credit approval is required for all loans.
There is a mortgage company in Maryville, Tennessee and it is called Silverton Mortgage.
Equal housing opportunities.
