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**

 

MH Advantage Floor Plans

ManufacturedModularMH Advantage

Hidden Valley Estates / HV4764M

Built by: Champion Homes
4
2
2027 ft²
26'8" x 76'0"
Hidden Valley Estates HV4764M
ManufacturedModularMH Advantage

Grand Manor / 6012-3

Built by: KIT Custom Homebuilders
3
2
2429 ft²
40'0" x 64'0"
Large kitchen with pull out spice rack, roll out trash cans, lazy susan, island with decorative legs and walk in pantry. H...
ManufacturedModularMH Advantage

Pinehurst / 2506-3

Built by: KIT Custom Homebuilders
3
2
2065 ft²
29'6" x 70'0"
2506-3 / This home offers large utility room and activity room. In addition it provides 3 bedrooms and 2 bathrooms. Kitche...
ManufacturedModularMH Advantage

Cedar Canyon / 2006

Built by: KIT Custom Homebuilders
2
2
1494 ft²
26'8" x 56'0"
Spacious and open living room and dining room. Raised snack bar into kitchen. Home can easily have its third bedroom conve...
ManufacturedModularMH Advantage

Hidden Valley Estates / HV4623M

Built by: Champion Homes
3
2
1654 ft²
26'8" x 62'0"
Hidden Valley Estates HV4623M
ManufacturedModularMH Advantage

Hidden Valley Estates / HV4663M

Built by: Champion Homes
3
2
1760 ft²
26'8" x 66'0"
HV4663M
ManufacturedModularMH Advantage

Hidden Valley Estates / HV6623Mxl

Built by: Champion Homes
3
2
1881 ft²
30'4" x 62'0"
Hidden Valley Estates HV6623M
ManufacturedModularMH Advantage

Hidden Valley Estates / HV6663M

Built by: Champion Homes
3
2
2002 ft²
30'4" x 66'0"
Hidden Valley Estates HV6663M
ManufacturedModularMH Advantage

Crystal Bay Estates / CB-4563C

Built by: Champion Homes
3
2
1494 ft²
26'8" x 56'0"
Crystal Bay Estates CB-4563C
ManufacturedModularMH Advantage

Crystal Bay Estates / CB-4603C

Built by: Champion Homes
3
2
1600 ft²
26'8" x 60'0"
Crystal Bay Estates CB-4603C
ManufacturedModularMH Advantage

Catena / CT-4523B

Built by: Champion Homes
3
2
1387 ft²
26'8" x 52'0"
CT-4523B
ManufacturedModularMH Advantage

Catena / CT-4644B

Built by: Champion Homes
4
2
1707 ft²
26'8" x 64'0"
CT-4644B
PLEASE NOTE: All sizes and dimensions are nominal or based on approximate builder measurements. Carefree Homes reserves the right to make changes due to any changes in material, color, specifications and features anytime without notice or obligation.