Your funds will be disbursed in chunks—called draws—as your home’s build progresses Written By Written by Contributor, Buy Side Aly J. Yale is a contributor at Buy Side and an expert on real estate, ...

Home construction loans are generally tougher to qualify for than traditional mortgages. These loans typically require a 20% down payment and a strong credit score. They also have higher interest ...

Affiliate links for the products on this page are from partners that compensate us (see our advertiser disclosure with our list of partners for more details). However, our opinions are our own. See ...

Mobile homes, also known as manufactured homes, can be a cost-effective alternative to buying a traditional home. Due to their lower cost and depreciation, most traditional mortgage lenders don't ...

Retired couple enjoying their front yard and front porch of their mobile home community. As traditional home prices climb and mortgage rates remain high, more buyers are turning to factory-built ...

Mobile home loans are used to finance houses that are built in factories and then moved onto lots. These houses are also called manufactured homes. This practice differs from traditional "stick-built" ...

If you need to borrow money to buy a home that's already on the market, you can usually depend on a mortgage to help. But what happens if you need a loan for a house that only exists in your mind?

Mobile, manufactured, and modular homes are similar, but there are key differences that will affect the financing you can use. Many programs require the home to have at least 400 square feet of living ...

Most people associate a mortgage with buying a house, but a construction loan finances the home build, from purchasing the lot and paying for labor and materials to covering any permit fees. CNBC ...

The cost to build a modular home is between $180,000 to $360,000, with a national average cost of $270,000. Factors that affect the total cost of a modular home include the home size, style, and brand ...

A manufactured home is any home factory-built in the U.S. to the HUD Title 6 construction standards (commonly known as ‘the HUD-code’). The HUD-code took effect June 15, 1976. A HUD-coded home will ...

As traditional home prices climb and mortgage rates remain high, more buyers are turning to factory-built housing as a realistic path to homeownership. Modular and manufactured homes are both built ...