Conventional Site-Built Homes |
Manufactured and Mobile Homes |
Off-Site Built Homes |
Qualifies for loans with the lowest rates and best terms. |
Qualifies for loans with less favorable rates and terms. |
Qualifies for loans with the lowest rates and best terms. |
Appraisal value determined through comparisons to other site-built or Off-Site Built homes. |
Appraisal value determined by comparison to other manufactured homes. |
Appraisal value determined through comparison of other site-built or Off-Site Built homes. |
Upon resale, no disclosure required stating how or where the home was built. |
Upon resale disclosure is required stating the home is a manufactured home. |
Upon resale, no disclosure required stating how or where the home was built. |
No federal plates required to be displayed on the outside of the home after occupancy. |
Federal plates always required to be displayed on the outside of the home identifying it as manufactured. |
No federal plates required to be displayed on the outside of the home after occupancy. |
Built outside exposed to the weather vandalism and theft |
Built indoors in a carefully controlled environment. |
Built indoors in a quality controlled environment. |
Built and inspected to meet the Uniform Building Codes which are set by the state, according to area building conditions. |
Built to the federal HUD code which is allowed to preempt state Uniform Building Codes. |
Built and inspected to meet the Uniform Building Codes which are set by the state, according to area building conditions. |
Usually built with a wood floor-joist frame that is engineered for your specific foundation. |
Always built with a standard wood-on-steel frame that is designed to have wheels attached to it. |
Usually built with a wood floor-joist frame that is engineered for your specific foundation. |
Costs the most per square foot. |
Costs the least per square foot. |
Cost is usually in between other
home types. |
Can take six months or more to build- exposed to the weather, vandalism and theft. |
Can be built in four to six weeks in a protected indoor environment. |
Can be built in four to six weeks in a protected indoor environment. |