MH ADvantage® Mortgages for Manufactured Homes

Finding an affordable home is challenging when supply is low, prices are high, or available properties need renovations. Manufactured homes are an option that offers major cost savings over site-built homes. There are many attractive and modern models built to high standards with today’s most desirable amenities. The only difference is that they’re built in efficient, state-of-the-art factory facilities.

What is MH Advantage?

MH Advantage is a mortgage loan for manufactured homes with features typical of traditional single-family site-built homes. This program offers 30-year fixed-rate financing with benefits that exceed standard loans for factory-built homes. When you buy an eligible home, you’ll get:

Quality and Style

Homes that include attractive amenities like upgraded kitchens and bathrooms, attached garages, energy-efficient appliances, and architectural features that seamlessly match site-built counterparts and blend into traditional neighborhoods.

Affordability

MH Advantage offers down payments as low as 3%, interest rates lower than most traditional manufactured home loans, and cancellable mortgage insurance once you reach 20% equity in the home.

Homeownership Advantages

With MH Advantage financing, you benefit from the financial perks of homeownership, like the potential for tax benefits and building equity. This could mean more money in your pocket during tax time or if you decide to sell!

Get a Low Down Payment For Your Manufactured Home

Finding a manufactured home that fits your budget is easier than ever with MH Advantage financing. Available through most lenders, MH Advantage works similarly to mortgages for site-built homes. In other words, you own both the land and the home. This makes building equity over time a possibility!

*Compared to other manufactured home loans
**Once you reach 20% equity

A down payment as low as 3%

Traditional 30-year financing

Lower interest rates*

Cancellable mortgage insurance**

 

Showing 13-24 of 55 MH Advantage Homes for Order

ManufacturedMH Advantage

Inspiration (MW) / The Ford 186001

Built by: Fairmont Homes
Beds: 3
Baths: 2
Sq Ft: 1404
W x L: 27'0" x 52'0"
The Ford 186001
ManufacturedMH Advantage

Inspiration (MW) / The Goldberg 186026

Built by: Fairmont Homes
Beds: 4
Baths: 2
Sq Ft: 2052
W x L: 27'0" x 76'0"
The Goldberg 186026
ManufacturedMH Advantage

Inspiration (MW) / The Howard 150001

Built by: Fairmont Homes
Beds: 3
Baths: 2
Sq Ft: 1188
W x L: 27'0" x 44'0"
The Howard 150001
ManufacturedMH Advantage

Inspiration (MW) / The Lamarr 186033

Built by: Fairmont Homes
Beds: 3
Baths: 2
Sq Ft: 1728
W x L: 27'0" x 64'0"
The Lamarr 186033
ManufacturedMH Advantage

Inspiration (MW) / The Ludwig 150014

Built by: Fairmont Homes
Beds: 4
Baths: 2
Sq Ft: 1800
W x L: 27'0" x 66'8"
The Ludwig 150014
ManufacturedMH Advantage

Inspiration (MW) / The Morse 186003

Built by: Fairmont Homes
Beds: 4
Baths: 2
Sq Ft: 1890
W x L: 27'0" x 70'0"
The Morse 186003
ManufacturedMH Advantage

Inspiration (MW) / The Williams 150011

Built by: Fairmont Homes
Beds: 4
Baths: 2
Sq Ft: 1512
W x L: 27'0" x 56'0"
The Williams 150011
ManufacturedMH Advantage

Inspiration (MW) / The Strauss 150038

Built by: Fairmont Homes
Beds: 3
Baths: 2
Sq Ft: 1620
W x L: 27'0" x 60'0"
The Strauss 150038
ManufacturedMH Advantage

Inspiration (MW) / The Schmidt 150032

Built by: Fairmont Homes
Beds: 3
Baths: 2
Sq Ft: 1309
W x L: 22'10" x 60'0"
The Schmidt 150032
ManufacturedMH Advantage

Inspiration (MW) / The Quincy 150008

Built by: Fairmont Homes
Beds: 3
Baths: 2
Sq Ft: 1296
W x L: 27'0" x 48'0"
The Quincy 150008
ManufacturedMH Advantage

Inspiration (MW) / The Fulton 186035

Built by: Fairmont Homes
Beds: 3
Baths: 2
Sq Ft: 1324
W x L: 27'0" x 52'0"
The Fulton 186035
ManufacturedMH Advantage

Skyliner II / Q105

Built by: Skyline Homes
Beds: 3
Baths: 2
Sq Ft: 1369
W x L: 26'4" x 52'0"
Q105

Please Note:

All sizes and dimensions are nominal or based on approximate builder measurements. 3D Tours and photos may include dealer and/or factory installed options. Phil & Lee’s Homes reserves the right to make changes due to any change in material, color, specifications, or features at any time without notice or obligation.