MHInsider™ July/August 2020 - MHInsider 2020 Industry Awards / SECO20 Conference Goes Viral

Page 70

LENDING

See the Possibilities: Why Generating Interest in Manufactured Housing is About Showing, Not Telling by Sharmila Srivastav

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s a high quality, lower-cost alternative to site-built homes, manufactured housing could genuinely be the future of housing affordability. The latest generation of factory-built homes can offer everything prospective homebuyers seek in the home they’ve been dreaming of. The big difference is that Fannie Mae research shows they’ll spend $1,000 less per month on a mortgage loan by choosing a manufactured home. We in the housing industry know this well, but unfortunately, homebuyers do not. Well, at least not yet. »

Photo Courtesy of Fannie Mae

68 | 2020 INDUSTRY AWARDS EDITION • MHINSIDER.COM


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