Lenders offering loans for manufactured homes with same interest rate as site-built
Many of today’s manufactured home are virtually identical to site-built homes. Lenders offer loans for this type of manufactured home with the same rates as site-built loans. Manufactured home lenders can provide the loans through Fannie Mae’s MH Advantage program and Freddie Mac’s CHOICEHome program.
New Building Code for Modular Homes
A new building code is in effect for modular homes in South Carolina. Modular homes are built to the same construction code as site-built houses, known as the International Residential Code. The code is updated every three years; it covers all aspects of construction from foundation and wiring to plumbing and the roofing. South Carolina […]
CrossMods – A New Type of Home
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 […]
Storm Safety for Manufactured Homeowners
Tough wind safety standards went into effect in 1994 after Hurricane Andrew. By law, any home built and installed in Beaufort, Berkeley, Charleston, Colleton, Dorchester, Georgetown, Horry, Jasper, and Williamsburg counties (those in Wind Zone II) must be able to withstand winds of 100mph. All other homes in South Carolina must be able to withstand […]