The factory-built housing industry is excited to introduce a new class of manufactured home: the CrossMod. This type of home is designed to appeal to a wider array of homebuyer and includes a modern aesthetic while maintaining the benefits of a factory-built home.
CrossMod homes are built to the federal HUD code, allowing them to be placed in any state where zoning allows.
These homes are called CrossMods because they retain their manufactured home price and energy efficiency while also incorporating designs that were previously primarily used in modular and site-built housing.
These homes feature pitched roofs, a solid permanent foundation, and attached garages or carports.
In addition to selling at roughly half the price per square foot as a similar site-built home, these homes also offer special competitive financing. Because these homes are built to the HUD code, both Fannie Mae and Freddie Mac have developed unique financing programs to allow these new, state-of-the-art homes to be affordable for everybody.
Be on the lookout, chances are you’ll see these homes popping up in your area soon. You’ll have to look closely though, as they are almost indistinguishable from their site-built counterparts.