Most lenders treat modular homes like site-built homes, enabling standard mortgage terms. They’re eligible for traditional mortgages, making financing easier compared to manufactured homes. Modular homes may require specialized transport but generally incur fewer costs compared to mobile homes in Sherman. HUD code includes strict standards for fire safety in manufactured homes.
Mobile homes are particularly vulnerable to wind, so some are anchored with straps to increase stability. In areas like Sherman, modular businesses are gaining market share due to high housing demand.
All mobile homes manufactured after 1976 come with a HUD label that certifies they meet federal standards. Modular companies use social media to showcase modern designs and attract younger buyers. Manufactured homes offer a variety of floor plans, from one to four bedrooms, to meet family needs. Some people purchase modular homes as rental properties due to their affordable construction and high demand. Flexible floor plans allow buyers to choose layouts suited to different lifestyles, from open-concept to multi-room layouts in Sherman.