Manufactured Homeowners: Survey and Report on Loan Shopping Experiences
Freddie Mac collaborated with the Center for Community Capital at the University of North Carolina at Chapel Hill to conduct a survey of home owners in Texas who recently financed the purchase of their manufactured homes. The new research reveals the loan shopping experiences of manufactured homeowners and how they choose between mortgage financing and personal property financing.It also captures information regarding consumer characteristics, loan and land ownership preferences, financing decisions, and consumer satisfaction.
- Manufactured homes are distinct from mobile homes, trailers and tiny homes in that they are constructed to meet codes and standards established under the National Manufactured Housing Construction and Safety Standards Act of 1974.