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

ManufacturedMH Advantage

KB 28' Platinum Doubles / KB-2830

Built by: Kabco Builders Inc.
3
2
1716 ft²
28'0" x 70'0"
Spacious living room opening into beautiful kitchen with extra large island work station, lots of handcrafted cabinets, se...
ManufacturedMH Advantage

KB 32' Platinum Doubles / KB-3209

Built by: Kabco Builders Inc.
4
2
2280 ft²
32'0" x 80'0"
Expansive family home features large bedrooms, beautiful kitchen, large separate family room and extra large laundry/utili...
ManufacturedMH Advantage

KB 32' Platinum Doubles / KB-3211

Built by: Kabco Builders Inc.
3
2
1860 ft²
32'0" x 66'0"
Well proportioned home features extra large living/dining room, large beautiful kitchen with island, walk-in pantry and br...
ManufacturedMH Advantage

KB 32' Platinum Doubles / KB-3212

Built by: Kabco Builders Inc.
4
3
2280 ft²
32'0" x 80'0"
Great floor plan features extra large den/family room with adjoining third bathroom, gourmet kitchen opens to family room ...
ManufacturedMH Advantage

KB 32' Platinum Doubles / KB-3216

Built by: Kabco Builders Inc.
3
2
1800 ft²
32'0" x 64'0"
Beautiful home with expansive living from, large formal dining room, bright kitchen with island, and luxurious master suit...
ManufacturedMH Advantage

KB 32' Platinum Doubles / KB-3218

Built by: Kabco Builders Inc.
3
2
1980 ft²
32'0" x 70'0"
Open concept home with sprawling living room opening into a extra bright gourmet kitchen with large island bar/workstation...
ManufacturedMH Advantage

KB 32' Platinum Doubles / KB-3222

Built by: Kabco Builders Inc.
3
2
1740 ft²
32'0" x 62'0"
Spacious and open main living areas of home with large living room, bright kitchen with island bar/work station, and large...
ManufacturedModularMH Advantage

Manor Series / Lilly I 5063-68-3-44

Built by: Franklin Homes
3
2
2394 ft²
42'0" x 64'0"
Lilly I 5063-68-3-44
ManufacturedModularMH Advantage

Cottage Series / Walton 8014-72-3-32

Built by: Franklin Homes
3
2
2040 ft²
30'0" x 68'0"
Walton 8014-72-3-32
ManufacturedModularMH Advantage

Farmhouse Series / Bradford 5119-72-3-32

Built by: Franklin Homes
3
2
2040 ft²
30'0" x 68'0"
Bradford 5119-72-3-32
ManufacturedModularMH Advantage

Cottage Series / Tidewater 8030-58-2-26

Built by: Franklin Homes
2
2
1296 ft²
24'0" x 54'0"
Tidewater 8030-58-2-26
ManufacturedModularMH Advantage

Cottage Series / Tidewater 8020-58-2-30

Built by: Franklin Homes
2
2
1475 ft²
27'4" x 54'0"
Tidewater 8020-58-2-30 II
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.