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Manufactured homes are appreciating faster than site-built homes

Housing Wire

The study — which refers to such homes as “mobile homes,” a term the manufactured housing industry sees as imprecise at best and erroneous at worst — also found that prices for these homes accelerated at a faster pace than traditional single-family homes. “In increased by 58.34% between 2018 and 2023.

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Opinion: It’s time for bi-partisanship on affordable manufactured housing homeownership

Housing Wire

Personal property loans, which make up most of the manufactured home loans, are loans for manufactured homes sited in manufactured home communities, on other leased land, or on owned land not pledged on the loan. FHA , Fannie Mae and Freddie Mac can help. Congress can help.

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Flood Plains, High Winds, and Leased Land: Your Guide to Buying a House in Palm Springs

HomeLight

You’ll have to navigate land leases, HOA requirements , and stiff competition from other buyers set on purchasing your picture-perfect property. If you’re taking out a loan to buy a house on leased land, lenders will require the lease to extend five years beyond the loan’s term.

Land 93
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USDA’s rural manufactured housing rule has gone into effect

Housing Wire

Department of Agriculture (USDA)s Rural Housing Service (RHS) has implemented a final rule that allows for the financing of manufactured homes through the RHS Single Family Housing (SFH) Direct Loan Program and the SFH Guaranteed Loan Program. The rule went into effect on Monday, May 5.