Most first-time home buyers only consider site-built single-family homes, but that isn’t the only option. Mobile homes, while not as popular, have one big advantage: they typically have more space or amenities for the money. However, buying and financing a mobile home is very different from traditional home buying.
If you are considering a mobile home, here is what you need to know:
Types of Mobile Homes
Typically, mobile homes are sold as either single-wide or double-wide units. Single-wide mobile homes have a narrower frame. Inside, rooms are usually connected to each other rather than separated by hallways. With a double-wide mobile home, the width is roughly equal to two single-wide units attached to each other, which allows the mobile home to look more like a standard single-family residence.
When you buy a new mobile home, you will also have to find a location where you can place it. According…
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