MH Advantage: Site-built quality meets manufacturing efficiencies
Modern manufacturing techniques make it possible to build high-quality products faster and more affordably, thanks to assembly line production. That’s true of housing as much as any other industry. With our MH Advantage® financing, we make sure that qualifying homes have the features homebuyers are looking for.
MH Appreciates
The Urban Institute reviewed resale prices for conventionally financed MH between 2000 and 2024. The result? The MH appreciated in value at essentially the same rate as site-built homes. Read the report.
The benefits of MH Advantage-eligible homes
Homes that are eligible for MH Advantage can hit the market faster, save you money, and come with high-quality features and attractive financing. Let’s dive into each of these benefits below.
MH Advantage-eligible homes are built in factories, which speeds up the construction process. Building in a factory means manufacturers can use the latest technology, keep costs down, reduce waste, and avoid weather delays. This faster process means quicker production schedules, more accurate budgeting, and less on-site materials compared to site-built homes.
You can save a lot of money during construction with MH Advantage-eligible homes. These savings come from things like economies of scale, which can bring down the cost per unit. This helps boost profit margins and offset higher land costs. A recent study found that the hard costs for construction, site preparation, delivery, and installation of a new MH Advantage-qualified home range from $70 to $120 per square foot, depending on the market. If your hard costs are higher than that, using MH Advantage-eligible homes in your next project could save you a significant amount of money.
The design of MH Advantage-eligible homes puts the homebuyer first. These homes feature steep-pitch roofs and low-profile foundations, making them fit seamlessly into traditional neighborhoods. Homebuyers can also customize these energy-efficient homes with popular features like porches and garages. Inside, you’ll find modern amenities like open floor plans and kitchens and bathrooms with solid or veneered wooden cabinetry.
An MH Advantage mortgage is a game-changer for homebuyers because it pairs a lower-cost home with the benefits of conventional financing, including 30-year fixed-rate terms and as little as 3% for down payment, making these homes even more affordable.
Your guide to MH project review
MH in condominium and planned unit development (PUD) projects often need to go through some type of project review. See what types of projects require full or streamlined reviews.
Participating MH Advantage manufacturers
Learn more about the participating manufacturers and explore the various home design options available.
Innovative homes for builders and developers
Discover how you can boost your business, save on costs, and speed up your time to market, all while offering flexible lender financing.
