What Better Time Than Right Now to Build Your Dream Home?
Low Mortgage Rates
In 2013, a sense of urgency drove traditional buyers hoping to take advantage of still-affordable home prices and historically low mortgage rates. The mortgage rate has defied expectations with the average rate on a 30-year fixed rate mortgage at 4.12 percent.
A recent article on realestate.msn.com predicted that home prices will continue to rise in 2014. Homes continue to be affordable, despite recent run-ups – on average, prices are still one-third lower than their peak in the mid-2000’s. Rent prices continue to rise with a low vacancy rate.
Why Build Modular?
Modular Construction is gaining momentum each day. Why? There are many reasons why you should explore the advantages of building with Modular Construction.
Modular or Off-Site Construction equals “green”. Green building means improving the way that homes and homebuilding sites use energy, water, and materials to reduce impacts on human health and the environment.
Many Government Agencies have embraced and endorse the modular construction process. Find out why!
Modular Construction-A Proven Method to Improve Efficiency & Productivity
A home built with Off-Site Construction can be completed in up to one-half the time of a Site-Built home. Time savings = cost savings!
How Can I Finance My Home?
Stuart Tyrie, Senior Vice President of GMH Mortgage Servicesexplains, “Modular homes, from our lending perspective, are treated exactly as a site built property but with a few extra benefits. This opinion is backed by HUD (Housing and Urban Development) for their FHA and VA programs and The Appraisal Institute, the guiding authority for appraisers nationally. The important aspect of this detail to a homeowner and to us as a lender, is that modular homes appreciate just like their site built neighbors.Beyond these facts these homes are generally completed faster than a comparable site built property allowing buyers to move into their new home sooner.”
Modular Homes-Why This Lenders Love Them.
How Can I Get Started?
Visit our website to learn about the benefits of building with Modular Construction and fill out the contact form at the bottom of the page. It’s that easy!
