Modular vs Manufactured Homes What s the REAL Difference | Wolf Industries Inc
Modular vs Manufactured Homes What s the REAL Difference | Wolf Industries Inc
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Modular vs. Traditional: Why Financing Isn't the Same! 💸 Thinking about going modular or mobile? You might be surprised to learn that getting a mortgage isn’t quite the same as buying a traditional freehold or condo! 🏗️ In this video, we break down the HUGE difference in how lenders view these properties: 📍 Traditional Freeholds: These are fixed to the land, making them a "permanent" asset in the eyes of a bank. 🚜 Mobile/Modular Homes: These are considered "movable security." Because of this
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Modular vs. Traditional: Why Financing Isn't the Same! 💸 Thinking about going modular or mobile? You might be surprised to learn that getting a mortgage isn’t quite the same as buying a traditional freehold or condo! 🏗️ In this video, we break down the HUGE difference in how lenders view these properties: 📍 Traditional Freeholds: These are fixed to the land, making them a "permanent" asset in the eyes of a bank. 🚜 Mobile/Modular Homes: These are considered "movable security." Because of this
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