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

Classic Series DW / The Grove 1009-70-4-32

Built by: Franklin Homes
4
2
1980 ft²
30'0" x 66'0"
The Grove, a skillfully crafted, open concept, four bedroom family home by legendary builder Franklin Homes, is ideal for ...
ManufacturedModularMH Advantage

Cottage Series / Coach House 8015-70-3-32

Built by: Franklin Homes
3
2
1980 ft²
30'0" x 66'0"
The Coach House showcases the very best that Franklin Homes has to offer — a beautiful, modern manufactured home built to ...
ManufacturedMH Advantage

KB 32' Platinum Doubles / KB-3244

Built by: Kabco Builders Inc.
4
3
2340 ft²
32'0" x 82'0"
KB-3244
ManufacturedModularMH Advantage

Classic Series DW / Acadia 5052-80-4-32

Built by: Franklin Homes
4
2
2280 ft²
30'0" x 76'0"
Acadia 5052-80-4-32
ManufacturedMH Advantage

KB 32' Platinum Doubles / KB-3243

Built by: Kabco Builders Inc.
4
2
2340 ft²
32'0" x 82'0"
Beautifully designed, quality built family home features large covered porch entry into spacious living room with numerous...
ManufacturedMH Advantage

KB 32' Platinum Doubles / KB-3242

Built by: Kabco Builders Inc.
3
2
1980 ft²
32'0" x 70'0"
Customizable modern home features family preferred floorplan with master bedroom privately located away from guest bedroom...
ManufacturedMH Advantage

KB 32' Platinum Doubles / KB-3220

Built by: Kabco Builders Inc.
4
2
2280 ft²
32'0" x 80'0"
Large sprawling family home features formal entry into spacious living room, beautiful large gourmet type front country ki...
ManufacturedMH Advantage

KB 32' Platinum Doubles / KB-3226

Built by: Kabco Builders Inc.
3
2
1980 ft²
32'0" x 70'0"
Unique floor plan ideal for families features a 22’ distinctive covered porch deck, foyer into spacious living room, extra...
ManufacturedMH Advantage

KB Platinum Singles / KB-604

Built by: Kabco Builders Inc.
3
2
1140 ft²
16'0" x 80'0"
A central kitchen with optional residential columns and a large serving island. A private master bedroom with its own bat...
ManufacturedMH Advantage

KB 32' Platinum Doubles / KB-3236

Built by: Kabco Builders Inc.
3
2
2100 ft²
32'0" x 74'0"
Unique and imaginative floor plan with forward kitchen/dining room adjoining large family room. Spacious living room, king...
ManufacturedMH Advantage

KB 32' Platinum Doubles / KB-3241

Built by: Kabco Builders Inc.
4
2
2340 ft²
32'0" x 82'0"
Sprawling family home with large bedrooms, including a large luxurious master bedroom in suite bath. Well designed home fe...
ManufacturedModularMH Advantage

Classic Series DW / Independence 1003-64-3-32

Built by: Franklin Homes
3
2
1800 ft²
30'0" x 60'0"
Independence 1003-64-3-32

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.