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Key takeaways. Mobile homes, also known as manufactured homes, can be a cost-effective alternative to buying a traditional home. Due to their lower cost and depreciation, most traditional mortgage ...
A used mobile home can cost less than a new SUV, making them a perfect first step for many homebuyers. Now called manufactured houses, they've become a best-bet for a growing number of prospective ...
Example of a modern manufactured home in New Alexandria, Pennsylvania. 28 by 60 feet (8.5 m × 18.3 m) Manufactured home foundation Mobile homes built in the United States since June 1976, legally referred to as manufactured homes, are required to meet FHA certification requirements and come with attached metal certification tags.
The MHINCC distinguishes among several types of factory-built housing: manufactured homes, modular homes, panelized homes, pre-cut homes, and mobile homes. From the same source, mobile home "is the term used for manufactured homes produced prior to June 15, 1976, when the HUD Code went into effect."
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Clayton Homes was founded in 1956 by Jim Clayton. [9] [10] The business began by refurbishing and reselling used mobile homes.[11] [12] In 1966, Jim Clayton opened a Clayton Homes store location in Knoxville, Tennessee, on Clinton Highway. [13]
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