Newer models have enhanced insulation, making them energy-efficient and comfortable. Modular home businesses are expanding globally, especially in densely populated and high-demand areas. Some modular home companies secure government contracts for affordable housing projects in Los Angeles. Manufactured homes come in single, double, and triple sections to offer different space options. Manufactured homes are popular in retirement communities, particularly in warm states like Los Angeles.
Financing for manufactured homes can be through chattel loans, FHA loans, or even VA loans in some cases. Manufactured homes offer an affordable entry point for first-time homeowners.