Many new manufactured homes can qualify for Energy Star ratings, helping owners save on utility bills. Since the majority of labor occurs in a factory, modular home businesses save significantly on labor. Modular companies can produce both permanent homes and temporary commercial structures. Modular homes are increasingly popular, especially in high-demand areas like Oklahoma City with limited housing. Some mobile homes are available under rent-to-own contracts, making ownership more accessible.
Most mobile homes are built on a steel chassis, giving them stability and the ability to be moved when necessary. Modular homes have reinforced frames to handle the transport and assembly process. Modular homes can be placed on full basements, crawl spaces, or slab foundations.
All mobile homes manufactured after 1976 come with a HUD label that certifies they meet federal standards. Mobile homes are more susceptible to damage from tornadoes and hurricanes compared to traditional homes, especially in areas like Oklahoma City. Most lenders treat modular homes like site-built homes, enabling standard mortgage terms.