Formerly referred to as mobile homes or trailers, but now with many more style options than in the past. Manufactured houses are built in a factory and conform to the same code（Federal building code）, no matter where they will be delivered.
Manufactured homes are built on a non-removable steel chassis. Sections are transported to the building site on their own wheels. And multi-part manufactured units are joined at their destination.
Not all lenders will grant mortgages for manufactured homes. And if they do, there may be specific requirements. Some do not make loans for single wide manufactured homes. Some will not grant a loan for a home that is not on a permanent foundation. Manufactured housing qualifies for FHA and VA loans.Many home buyers purchase manufactured housing as part of a land-home package.
Well, how to recognize a manufactured home ?A manufactured home should have a metal tag on the exterior of each of its transportable sections. Walk around the structure, looking for a small, red metal identification plate. If it’s not there, look for holes that indicate something might have been removed.
Besides，If your home’s identification plate is missing, HUD can retrieve historical information from details on the interior data plate. If both items are missing, you may need to gather prior financing history from the current owners in order to complete your own financing.