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 Home Floor Plans

ManufacturedModularMH Advantage

Essentials Series / The Jesslyn 620-64-3-32

Built by: Franklin Homes
3
2
1800 ft²
30'0" x 60'0"
The Jesslyn 620-64-3-32
ManufacturedMH Advantage

KB 28' Platinum Doubles / KB-2801

Built by: Kabco Builders Inc.
3
2
1508 ft²
28'0" x 62'0"
Well designed family home with spacious living room, beautiful well equipped circular style kitchen, inviting large master...
ManufacturedMH Advantage

KB 32' Platinum Doubles / KB-3201

Built by: Kabco Builders Inc.
3
2
1620 ft²
32'0" x 58'0"
Value oriented family home with spacious living room, beautiful efficient kitchen, large bedrooms, deluxe baths, lots of s...
ManufacturedMH Advantage

KB 32' Platinum Doubles / KB-3202

Built by: Kabco Builders Inc.
3
2
1664 ft²
28'0" x 68'0"
Stylish covered front porch entry into spacious great room and bright kitchen with island, ideal for entertaining. Well de...
ManufacturedMH Advantage

KB 32' Platinum Doubles / KB-3203

Built by: Kabco Builders Inc.
4
2
2280 ft²
32'0" x 80'0"
Well designed sprawling family home with large bedrooms plus den. Beautiful kitchen, luxurious master suite privately loca...
ManufacturedMH Advantage

KB 32' Platinum Doubles / KB-3206

Built by: Kabco Builders Inc.
4
2
2040 ft²
32'0" x 72'0"
Open concept family oriented home with large bedrooms and luxury baths, large living areas and well located beautiful kitc...
MH Advantage

KB 28' Platinum Doubles / KB-2812

Built by: Kabco Builders Inc.
4
3
1976 ft²
28'0" x 80'0"
Well planned home features glamorous master bedroom suite with retreat, platform soaking tub, separate stall shower, his a...
ManufacturedMH Advantage

KB 28' Platinum Doubles / KB-2828

Built by: Kabco Builders Inc.
3
2
1664 ft²
28'0" x 68'0"
Distinctive residential porch deck at entry opens into spacious living areas adjoining well designed and equipped kitchen ...
ManufacturedMH Advantage

KB Platinum Singles / KB-610

Built by: Kabco Builders Inc.
3
2
1170 ft²
16'0" x 80'0"
ManufacturedMH Advantage

KB 28' Platinum Doubles / KB-2806

Built by: Kabco Builders Inc.
4
2
1768 ft²
28'0" x 72'0"
Large sprawling open concept floor plan with modern kitchen, privately located master bedroom suite/ large walk-in closets...
ManufacturedMH Advantage

KB 28' Platinum Doubles / KB-2809

Built by: Kabco Builders Inc.
4
2
1976 ft²
28'0" x 80'0"
Extra large and skillfully designed family home with four large bedrooms with walk-in closets and a spacious family room/d...
ManufacturedMH Advantage

KB 28' Platinum Doubles / KB-2827

Built by: Kabco Builders Inc.
3
2
1560 ft²
28'0" x 64'0"
Skillfully designed with maximum space utilization featuring open efficient kitchen, glamour master bedroom/bath, large wa...
PLEASE NOTE:

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