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The MHINCC distinguishes among several types of factory-built housing: manufactured homes, modular homes, panelized homes, pre-cut homes, and mobile homes. From the same source, mobile home "is the term used for manufactured homes produced prior to June 15, 1976, when the HUD Code went into effect."
Mobile homes are often sited in land lease communities known as trailer parks (also 'trailer courts', 'mobile home parks', 'mobile home communities', 'manufactured home communities', 'factory-built home communities' etc.); these communities allow homeowners to rent space on which to place a home. In addition to providing space, the site often ...
Champion Homes, Inc., is a mobile and modular home manufacturing company. [1] It is one of the largest modular homebuilders in North America. [ 2 ] The company also provides factory-built housing to the United States and western Canada .
Title II loans cannot be used for manufactured homes on leased land in manufactured home communities or mobile home parks. Down payments on a Title II loan can go as low as 3.5 percent, and terms ...
According to HomeAdvisor, the cost to build a 1,800-square-foot modular home averages $270,000. Manufactured homes (once referred to as mobile homes, because the finished product can be moved) are ...
An example of a completed panelized home in Lake Whatcom, United States. Currently, the prefabricated housing industry is divided by methodology of construction. Panelized, Modular, and Manufactured home design make up the majority of contemporary firms, with considerable overlap between the construction methods. [8]