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**

 

Search MH Advantage Homes For Sale in Alabama

ManufacturedModularMH Advantage

Manor Series / Jasmine I 5117-76-4-47

Built by: Franklin Homes
Offered by: Star Homes
3
2
2700 ft²
45'0" x 72'0"
Jasmine I 5117-76-4-47
ManufacturedModularMH Advantage

Manor Series / Jasmine II 5118-78-4-47

Built by: Franklin Homes
Offered by: Star Homes
4
2
2477 ft²
45'0" x 74'0"
Jasmine II 5118-78-4-47
ManufacturedModularMH Advantage

Classic Series DW / Lauderdale 5096-84-4-32

Built by: Franklin Homes
Offered by: Star Homes
4
2
2400 ft²
30'0" x 80'0"
Lauderdale 5096-84-4-32
ManufacturedModularMH Advantage

Classic Series DW / Laurel 5086-82-4-32

Built by: Franklin Homes
Offered by: Star Homes
4
3
2340 ft²
30'0" x 78'0"
Laurel 5086-82-4-32
ManufacturedModularMH Advantage

Classic Series DW / Hawthorn 5041-80-5-32

Built by: Franklin Homes
Offered by: Star Homes
5
3
2280 ft²
30'0" x 76'0"
Hawthorn 5041-80-5-32
ManufacturedModularMH Advantage

Classic Series DW / Covington 5092-80-4-32

Built by: Franklin Homes
Offered by: Star Homes
4
3
2280 ft²
30'0" x 76'0"
Covington 5092-80-4-32
ManufacturedModularMH Advantage

Cottage Series / Homewood 8008-74-3-32

Built by: Franklin Homes
Offered by: Star Homes
3
2
2100 ft²
30'0" x 70'0"
Homewood 8008-74-3-32
ManufacturedModularMH Advantage

Cottage Series / Homewood 8007-72-3-32

Built by: Franklin Homes
Offered by: Star Homes
3
2
2040 ft²
30'0" x 68'0"
Homewood 8007-72-3-32
ManufacturedMH Advantage

Home Run / 2848229

Built by: ScotBilt Homes
Offered by: Star Homes
3
2
1248 ft²
28'0" x 52'0"
2848229
ManufacturedMH Advantage

Home Run / 2868212

Built by: ScotBilt Homes
Offered by: Star Homes
4
2
1760 ft²
28'0" x 72'0"
2868212
ManufacturedMH Advantage

Home Run / 2856215

Built by: ScotBilt Homes
Offered by: Star Homes
3
2
1456 ft²
28'0" x 60'0"
2856215
ManufacturedMH Advantage

Grand Slam / 2852321

Built by: ScotBilt Homes
Offered by: Star Homes
3
2
1352 ft²
28'0" x 56'0"
2852321
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. Star Homes reserves the right to make changes due to any changes in material, color, specifications, or features at any time without notice or obligation.