Buying a manufactured home is an exciting decision, yet it is one quickly followed by a number of additional critical choices that you will need to make. In order to go from wanting a factory-built house to actually owning one, it is advised that you first establish a realistic idea of how much you can afford to spend on a home.
An easy way to do this is to use an online mortgage calculator. This is a tool that can generate your estimated monthly mortgage payment after factoring in a variety of relevant variables, such as your loan amount, interest rate, and desired loan term length.
You will also need to decide where you want your manufactured home to be located. Your options include:
FMHA is a not-for-profit organization that has been instrumental in helping to bring homeownership within reach for countless people. With help from FMHA and our constituent members, you will be able to make informed decisions throughout the process of buying a manufactured home.
The process of learning about manufactured homes and buying a manufactured home is made easier with assistance from the Florida Manufactured Housing Association (FMHA), an organization founded to promote the best-built homes in America. Our members include builders of manufactured homes, community developers and owners, retail sales centers, financial institutions, law firms, and others who can provide you with the information you need to make informed decisions throughout the home-buying process.
We invite you to contact any of our members directly, whether you have questions about financing a manufactured house, obtaining insurance, selecting a floor plan, or any other matter related to the home-buying process.
The Florida Manufactured Housing Association has a wealth of information at your fingertips to assist you in your journey to homeownership. From videos to definition of terms unique to your new factory-built home, it’s all right here.