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... modular homes of any size and complete land/home packages anywhere in Tennessee, ... to Dillingham's Homes, offering factory built modular homes with the highest ...

There are about 200 modular home manufacturers that assemble sections of modular units inside factories. Most modular units are made in complete, box like sections. Multiple-section units and stack-on units are common. Modular homes are the strongest of frame type homes built, and are 95% complete when they leave the factory. They are sold as .factory direct. or through a network of builders. During 2001 about 166,000 modular homes and apartments were sold. This number has more then doubled in the last two years, making modular housing the number one choice among homebuyers surpassing even the HUD-housing industry.

Most lenders will require a down payment between 5% and 20% of the total value of your building project. For example; if your building project (land and house) is projected to be $200,000 and your lender is requiring a 10% down payment, you will need a minimum down payment of $20,000. The total monthly loan amount extended to you will be in the range of 28-35% of your gross monthly income. If you earn $4,500 per month gross, then the amount you will be allowed to allocate to taxes, principal and interest for a home mortgage will be around $1,300 to $1,650 per month.

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:: Dillingham's Homes ::

:: Dillingham's Homes ::

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