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 Floor Plans

ManufacturedMH Advantage

Golden Limited / GLE611G

Built by: Golden West Homes
3
2
1831 ft²
30'0" x 61'0"
GLE611G - 71GLE30613AH
MH Advantage

Genesis / Arapaho

Built by: Skyline Homes
3
2
1416 ft²
26'8" x 55'0"
Arapaho - 2855H32G01
MH Advantage

Genesis / Clearwater

Built by: Skyline Homes
3
2
1546 ft²
26'8" x 64'0"
Clearwater - 2864H32G01
ManufacturedMH Advantage

Golden Pacific / The La Colina

Built by: Golden West Homes
2
1
620 ft²
20'0" x 32'0"
The La Colina - 71GOP20322BH
ManufacturedMH Advantage

Golden Pacific / The Santa Rosa

Built by: Golden West Homes
2
1
788 ft²
24'0" x 33'0"
The Santa Rosa - 71GOP24332AH
ManufacturedMH Advantage

Custom Cottage / The Bowman

Built by: Fleetwood Homes Riverside
1
1
747 ft²
24'0" x 32'0"
The Bowman
ManufacturedMH Advantage

Palm Haven / 3428CT

Built by: Skyline Homes
4
2
1760 ft²
26'8" x 66'0"
3428CT
ManufacturedModularMH Advantage

Custom Villa / C520CT

Built by: Skyline Homes
4
2
1560 ft²
32'0" x 52'0"
C520CT
ManufacturedModularMH Advantage

Custom Villa / B304CT

Built by: Skyline Homes
5
3
1813 ft²
28'0" x 68'0"
B304CT

PLEASE NOTE:
All sizes and dimensions are nominal or based on approximate builder measurements. Paramount Manufactured Sales Riverside reserves the right to make changes due to any changes in material, color, specifications and features anytime without notice or obligation.