Modular homes can be placed on full basements, crawl spaces, or slab foundations. Some manufacturers produce "tiny manufactured homes" that are compact and affordable for minimalists. Financing for manufactured homes can be through chattel loans, FHA loans, or even VA loans in some cases. Some investors buy mobile homes in parks as a source of rental income due to low initial costs.
Some modular home companies secure government contracts for affordable housing projects. Some parks in Mansfield have age restrictions, often 55+, creating communities specifically for older adults. Modular homes can range from budget-friendly to luxury, with finishes and sizes to match preferences in Mansfield. Modular homes often fare well in natural disasters due to robust construction standards designed for regions like Mansfield. Manufactured homes are popular in retirement communities, particularly in warm states.