Because they require fewer materials, mobile homes are sometimes considered a lower-impact housing option. Financing mobile homes can be tricky, as they may be considered "chattel" loans, with higher interest rates. If on owned land, manufactured homes are eligible for tax benefits similar to site-built homes. Some modular businesses provide off-grid options, including solar power and water catchment systems. In some rural areas, manufactured homes are exempt from certain zoning requirements.
Mobile homes have fire safety concerns, although newer models are generally safer than older ones. If on owned land, manufactured homes are eligible for tax benefits similar to site-built homes.
Manufactured homes on leased land may face lower property taxes, appealing to cost-conscious buyers. Manufactured homes offer a variety of floor plans, from one to four bedrooms, to meet family needs. Specialized insurance can cover the full replacement value of the home in case of severe damage.