Systemic barriers are blocking the growth of manufactured homes as an affordable housing solution.
New loan program for low-income homebuyers aims to remove their biggest barrier to home ownership.
Cathy Bailey financed her "perfect home" with credit cards before she discovered Welcome Home Loans, refinanced, and saved $287 a month.
Waitress traded stress and an expensive apartment for an affordable home and a sense of community.
A new manufactured (mobile) home was the affordable housing choice for Diana and John Freniere.
Imagine buying a home with cash, or financing it with short-term personal loans or credit cards. That's what many buyers of manufactured homes are up against.
In honoring our Welcome Home Loans, the NCRC honored our borrowers, most of whom would not have access to real mortgages for their manufactured homes.
The price of manufactured homes is a great fit for first-time homebuyers, retirement downsizers, and people rebounding from the reality check of the recession.
People dream about the pride of owning a home and the respect of friends and family, and work hard to achieve that goal.
A study recommends setting a manufactured home's value based on its characteristics and condition, rather than just its age.