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

Broadmore / 28764T The Sawtooth

Built by: Fleetwood Homes Nampa
4
2
2026 ft²
28'0" x 76'0"
The Sawtooth is a skillfully designed and beautifully crafted family home that features a large living room open to a brig...
ManufacturedModularMH Advantage

Barrington / 30764B

Built by: Fleetwood Homes Nampa
4
2
2242 ft²
30'0" x 76'0"
Skillfully designed palatial family home features extra large living room, spacious family room, beautiful chef’s style ki...
ManufacturedModularMH Advantage

Barrington / 28663B

Built by: Fleetwood Homes Nampa
3
2
1760 ft²
28'0" x 66'0"
Quality customizable family home with well designed three bedroom/two baths, spacious family room, available with den open...
ManufacturedModularMH Advantage

Broadmore / 28604T

Built by: Fleetwood Homes Nampa
4
2
1599 ft²
26'8" x 60'0"
Affordable well-built midsize family home with zero wasted hallway space features large master bedroom and bath privately ...
ManufacturedModularMH Advantage

Grand Manor / 6013-1C

Built by: KIT Custom Homebuilders
3
2.5
2756 ft²
44'3" x 78'8"
We are adding another home to the family of the Grand Manor series. The model 6013 offers 2756 square feet of living space...
ManufacturedModularMH Advantage

Broadmore / 28683B Rocky Mountain

Built by: Fleetwood Homes Nampa
3
2
1812 ft²
28'0" x 68'0"
The Broadmore 28683B offers the "Rocky Mountain Package" that features hand laid stones in the entertainment center, on ...
ManufacturedModularMH Advantage

Pinehurst / 2506 with Tag

Built by: KIT Custom Homebuilders
4
2
2598 ft²
29'6" x 73'4"
Beautifully crafted and skillfully designed expansive family home features impressive spacious high ceiling living room wi...
ManufacturedModularMH Advantage

Cedar Canyon LS / 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

Grand Manor / 6013

Built by: KIT Custom Homebuilders
3
2.5
2756 ft²
40'0" x 70'8"
We are adding another home to the family of the Grand Manor series. The model 6013 offers 2756 square feet of living space...
ManufacturedModularMH Advantage

Barrington / 30764B (V2)

Built by: Fleetwood Homes Nampa
4
2
2242 ft²
30'0" x 76'0"
30764B (V2)
ManufacturedModularMH Advantage

Waverly Crest / 28483W (Alt Kitchen #3)

Built by: Fleetwood Homes Nampa
3
2
1279 ft²
28'0" x 48'0"
28483W (Alt Kitchen #3)
ManufacturedModularMH Advantage

Waverly Crest / 28683W - MHAdvantage

Built by: Fleetwood Homes Nampa
3
2
1812 ft²
28'0" x 68'0"
28683W - MHAdvantage / This Waverly Crest 28683W has Vaulted Ceilings and other features that make it eligible for Fannie ...

PLEASE NOTE:
All sizes and dimensions are nominal or based on approximate builder measurements. Gregg’s Homes reserves the right to make changes due to any changes in material, color, specifications and features anytime without notice or obligation.