Manufactured Home Plans

Manufactured Home Plans

Award winning modular home plans for Bethesda Maryland 2081


Can You Refinance a Manufactured Home?

The answer to that question is yes. Most lenders treat manufactured and mobile homes much the same as a conventionally built house and are willing to work with anyone who already owns or is thinking of buying a manufactured home. There are quite a few reasons why you might be interested in doing a refinance of your manufactured home; getting a lower interest rate and monthly payment, consolidating debt, paying for college or even purchasing a car. When you refinance your manufactured home you are basically using your new loan to pay off your current loan, with hopefully better terms that will save you money. The main thing to look for with this type of loan is a lower interest rate which in turn will lower your monthly payment, freeing up more money for other things you may want to do. If you can easily afford the monthly payments you are currently making then refinancing to a lower interest rate will allow you to shorten the length of your loan and pay it off sooner. Most financing for manufactured and mobile homes is available if it is located in a mobile home park or on private land. Because these types of dwellings are different then a standard stick-built home the laws and regulations concerning the financing of them will differ from state to state. Knowledgeable lenders will be able to help with the details when it comes to these types of loans. The closing costs for refinancing a mortgage are the same as when you purchased your original mortgage. You will have the option the pay them up front or roll them into the mortgage to keep out of pocket expenses at a minimum. This is a good option if you do not have the money to cover the closing costs but do be aware that it will add to the amount of the loan and you will be paying interest on any additional fees and costs that are rolled into the loan. Much like you can do when refinancing a traditional home mortgage you can also buy down your interest rate by purchasing points on a refinance of a manufactured home. Points are an additional fee that you pay up front to the lender. The amount of each point is dependent on the amount of the loan. In most cases one point is valued at one percent of the total loan amount. If your loan is $100,000 then each point or percentage point you move the interest rate down would cost $1,000. Before buying down your interest rate with points it is important to make sure that you plan on owning your home for a long enough period of time to recoup your investment in points. Refinancing a manufactured home is quite similar to that of a traditional home. There may be a few differences but for the most part the process is the same. Any good lender will point out any differences and should be willing to help guide you through the process.

Manufactured Home Plans

The New Ultimate Book of Home Plans [NEW ULTIMATE BK OF HOME PLANS]
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Home buyers and house architects agree: the most exciting things on the housing market today are modular homes. They can be built and reach move-in condition in just a few weeks, and they offer a host of customizing possibilities.Now Andy Gianino, founder and president of The Home Store, the largest dealer of modular homes in the Northeast, has written a comprehensive handbook for prospective modular home buyers. The book is packed with everything you need to know about buying and building a modular home--or a modular addition to your existing home.Gianino dispels the misconceptions about the limitations of modular homes and shows potential buyers that a modular home can be as good as, if not better than, houses built with traditional stick-frame construction. Then he gets down to the nitty-gritty: choosing a dealer, working with a general contractor, selecting a floor plan, choosing the customized details, even planning the landscaping around the house. Throughout the book the emphasis is on top-quality materials and cost-effective measures to ensure that the buyer gets their dream home at a great price. What's more, this book is equally useful for anyone already in the modular business or looking to get in as a dealer, manufacturer, designer, or specialized general contractor.Illustrated throughout with a 16-page fullcolor insert, plus a host of house plans, The Modular Home shows home buyers how going modular can expand their choices, save time, save money, and prove to be more durable than conventionally-built houses.

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Ever wanted to Have Your Own Home But Couldn’t Afford It? Here Are Some Useful Tips On How To Build Your Dream House

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Revised and Expanded Edition—Includes CD-ROM with Custom Design Software For the past ten years The Passive Solar House has offered proven techniques for building homes that heat and cool themselves, using readily available materials and methods familiar to all building contractors and many do-it-yourself homeowners. True to this innovative, straightforward approach, the new edition of this best-selling guide includes CSOL passive solar design software, making it easier than ever to heat your home with the power of the sun. Since The Passive Solar House was first published, passive solar construction expert James Kachadorian has perfected user-friendly, PC-compatible software to help readers analyze the efficiency of their passive solar house designs and the solar potential of their current homes or building sites. This is the building book for a world of climbing energy costs. Applicable to diverse regions, climates, budgets, and styles of architecture, Kachadorian’s techniques translate the essentials of timeless solar design into practical wisdom for today’s solar builders. Profiles of successful passive solar design, construction, and retrofit projects from readers of the first edition provide inspiration to first-time homebuilders and renovators alike.

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