Renting vs. buying in this market
Paying rent every month really leaves you with nothing to show for it. You can often find a manufactured home for a better value. You can get more space, and better features in an energy efficient manufactured home. When you rent an apartment, your rent is going into paying someone else’s mortgage. When you buy a manufactured home, you have something to show for your payments, a house.
Manufactured home loans are a special type of loan. Since the property is considered differently from a site-built home, the loans are different as well. It is very important to your purchase process that your loan is from someone you know has experience with manufactured home finance.
