Manufactured Home v. Modular Home v. Mobile Home

manufactured home

What is the difference between a manufactured home, mobile home and modular home you may ask?  Your question is finally answered here:

The Mobile Home

A mobile home is what you think of when you think of a “trailer park”.  They were constructed prior to 1974 and were not regulated in any way.  In 1974, the National Mobile Home Construction and Safety Act was passed.  According to HUD (U.S. Department of Housing and Urban Development), a factory constructed home built prior to 1976 (June 15 specifically) is considered a mobile home.

The Manufactured Home

In 1976 the HUD Manufactured Home Construction and Safety Standards (or HUD code) was passed.  A factory constructed home built after 1976 (again, June 15 specifically) is considered a manufactured home.  These standards improved the durability, safety and quality of manufactured homes and are federally mandated.  Unlike a modular home, manufactured homes are constructed on a permanent chassis. If you are interested in what regulations they are under, you can click the link here to read the standards.

The Modular Home

Modular homes are under a different set of restrictions and guidelines.  They are built in a temperature controlled climate, like a manufactured or mobile home, but must follow local, state or regional building codes of the final destination of the home.  To clarify, they must follow the same building codes that site-constructed homes are based on.  Modular homes are built in sections, transported to the final destination and put together on site on a permanent foundation.

Financing available can be different for these types of homes.  Depending on your lender, some may offer loans and some may not.  Although financing is available through conventional and government backed loans (VA, USDA, FHA), it is up to your bank/mortgage company on if they will provide the funds.  You can read more here.