Single family financing for a home that is built using modular construction is financed like any other home, as it is built to local building code, just like a site built home. USModular has partnered with lenders that understand the modular construction process and can help you obtain a construction loan and a permanent mortgage for your home. For Manufactured Homes we have lenders that deal specifically with park or private land models: USModular lenders offer excellent financing for both land and home (real property) projects in either UBC( local building code for modular) or HUD ( (manufactured ) financing for planned communities (parks where you own your own land) through our approved sources.
• Terms up to 30 years, both conventional and FHA
• Short term construction loans
• Construction to perm loans
• Vacation homes
• Spec home construction
• Stated income for self-employed
• UBC (modular home) financing
• Competitive rates
Multi family / commercial projects that are built using systems built modular construction are a bit more involved than a single family home mortgage but USModular financing partners are experts in helping to obtain the most appropriate loans for your project. They will evaluate all available options for your project to ensure your project has the best loan or the best rate.
• Conventional loan
• HUD
• USDA
• Syndication
• Bonds
One of the biggest advantages of building your single family home or multi-family/ commercial project is the time savings associated with the permitting process - and the simultaneous site work and building construction. USModular works with lenders that understand and appreciate the time savings and quality of a systems built modular project and are used to an abbreviated draw schedule to get project completed. Contact USModular at 951-679-9907 to discuss your project and financing options.