{"id":146,"date":"2023-12-01T09:06:47","date_gmt":"2023-12-01T09:06:47","guid":{"rendered":"https:\/\/wikipedy.com\/?p=146"},"modified":"2023-12-01T09:06:49","modified_gmt":"2023-12-01T09:06:49","slug":"fha-one-time-close-construction-loans-for-manufactured-homes","status":"publish","type":"post","link":"https:\/\/wikipedy.com\/fha-one-time-close-construction-loans-for-manufactured-homes\/","title":{"rendered":"FHA ONE-TIME CLOSE CONSTRUCTION LOANS FOR MANUFACTURED HOMES"},"content":{"rendered":"\n
A manufactured home<\/a>, formerly known as a mobile home, is a factory-built structure with a permanent chassis. This design allows it to be transported to a job site on its wheels or a flatbed trailer. Because of the efficiency of factory production, manufactured homes are often more economical than traditional homes built directly on-site (known as \u2018stick-built\u2019 homes). They must meet federal construction requirements, durability, transportability, fire resistance, energy efficiency, and quality (HUD Code).<\/p>\n\n\n\n It is crucial to distinguish between manufactured and modular homes. Modular homes<\/a>, like manufactured homes, are factory-built, but unlike manufactured homes, they are assembled on-site and secured to permanent foundations. This distinction in classification has significant ramifications for financing, insurance, and zoning.<\/p>\n\n\n\n