This confusion is especially the case when searching online for manufactured homes. Unfortunately, there is widespread uncertainty about what a manufactured home is and if it is the same as a mobile home. Additionally, many buyers get confused by the differences between modular and manufactured homes. This confusion is a result of many lenders and even home manufacturers who still use the terms interchangeably. Potential home buyers should be aware that a mobile home, a modular home and a manufactured home are not the same things.
Find out more about the differences between mobile, modular and manufactured homes below:. In the mids, the U. The term applies to any manufactured home built before June 15, So, what is a mobile home? By its very definition, any mobile home on the market today is over 40 years old. Mobile homes gained widespread popularity after World War II as veterans returned to a shortage of site-built housing for sale.
Manufacturers filled in the housing gap by building mobile homes. Mobile homes were appealing for several reasons. First, they could be built more quickly than site-built homes and were typically cheaper. Second, the ability to transport these homes was a plus, as many veterans needed to move their families to find new jobs.
In an effort to keep costs down, many of these homes were made of inferior materials. This choice of materials came at the expense of both safety and durability. HUD standards regular manufactured housing design and construction, strength and durability, transportability, fire resistance, energy efficiency and quality. Furthermore, there are standards for heating and plumbing, air conditioning, thermal and electrical systems.
Manufactured homes of today are giving America back affordable housing options. Manufacture Date Eligible manufactured homes will have manufacture dates on or after June 15, Ready to Buy or Refinance? Now what? Could I still qualify for a mortgage? Subscribe to Our Newsletter. One of our Personal Mortgage Advisors will contact you shortly. As modern lifestyles changes to become increasingly more flexible, the way we define a home is also shifting.
Manufactured homes and modular homes give people looking for the stability and comfort of a single family home the chance to invest in that dream without sacrificing their lifestyle. After graduating in from The University of Texas with a degree in English, Sanda Brown became a content writer for the BDX with a focus on website copy and content marketing.
By downloading our guide, you can also look forward to receiving our New Home short email series. You may opt out of this subscription any time you wish. Should the seller drop the price since it was misrepresented? We have already signed a contract which is very distressing. Hi Sheryl, If you feel that something has been contractually misrepresented, you probably would want to consult an attorney.
The county planing dept will list a modular home as a manufactured home. I have been fighting Linn County for the Last 15 years.
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