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Because of the popularity of modular housing many manufacturers that build, .HUDManufactured Homes. (sometimes referred to as mobile homes) are starting to offer hybrid manufactured homes or modular homes (On-frame and Off-frame). The HUD segment of the housing market has suffered some major setbacks and overall numbers are steadily going down. Five years ago this industry sold over 265,000 HUD-homes and today this number is around 170,500. Many popular companies like; Destiny, PBS, Skyline and Excel are slowly moving into the modular housing industry.
Trying to secure financing for your modular home is probably where most people really make some big mistakes. Did you know that by lowering your interest rate only 1% you could save $17,000 over the course of 30 years on a $100.000 loan? By working with a lender in advance, you will learn which loan package is best for you.
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(Biloxi) Sun Herald, The - Modular homes can be elegant additions