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

ManufacturedMH Advantage

Advantage Sectional / The Fillmore 2868-243

Built by: Redman Homes Topeka
3
2
1707 ft²
26'8" x 64'0"
The Fillmore 2868-243
ManufacturedMH Advantage

Advantage Sectional / 2864-219

Built by: Redman Homes Topeka
3
2
1600 ft²
28'0" x 60'0"
2864-219
ManufacturedMH Advantage

Advantage Sectional / 2872-204

Built by: Redman Homes Topeka
3
2
1813 ft²
26'8" x 68'0"
2872-204
ManufacturedMH Advantage

Advantage Sectional / 2852-206

Built by: Redman Homes Topeka
3
2
1280 ft²
26'8" x 48'0"
2852-206
ManufacturedMH Advantage

Advantage Sectional / 2848-202

Built by: Redman Homes Topeka
3
2
1173 ft²
26'8" x 44'0"
2848-202
ManufacturedMH Advantage

Next Generation / RM 2005 The Ashville

Built by: Redman Homes Topeka
3
1.5
2773 ft²
28'0" x 60'0"
RM 2005 The Ashville
ManufacturedMH Advantage

Advantage Sectional / 2852-207

Built by: Redman Homes Topeka
3
2
1280 ft²
28'0" x 48'0"
2852-207
ManufacturedMH Advantage

Advantage Sectional / 2852-215

Built by: Redman Homes Topeka
3
2
1280 ft²
28'0" x 48'0"
2852-215
ManufacturedMH Advantage

Advantage Sectional / 2860-231

Built by: Redman Homes Topeka
3
2
1493 ft²
28'0" x 56'0"
2860-231
ManufacturedMH Advantage

Advantage Sectional / 2864-221

Built by: Redman Homes Topeka
3
2
1600 ft²
28'0" x 60'0"
2864-221
ManufacturedMH Advantage

Next Generation / RM 1023 The Dawson

Built by: Redman Homes Topeka
3
2
1754 ft²
30'0" x 64'0"
RM 1023 The Dawson
ManufacturedMH Advantage

Next Generation / RM 1025 The Milo

Built by: Redman Homes Topeka
3
2
1787 ft²
30'" x 60'0"
RM 1025 The Milo

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