United States  

Celebrating 10 Years of Trusted News Discovery
One News Page
> >

A New Class of homes

Video Credit: MultiVu - Duration: 01:02s - Published < > Embed
A New Class of homes

A New Class of homes

Silverton Mortgage announces the launch of its MH Advantage ® program by Fannie Mae, which offers the flexible, affordable benefits of conventional mortgages to buyers of qualified off-site built homes (also known as manufactured homes).

The new program offers reduced interest rates, lower down payments and traditional longer mortgage terms for MH Advantage ® homes, which include higher-end features like lower profile foundations; carports, garages or covered porches; higher pitch roof lines; energy efficiency enhancements; and upgraded cabinets for kitchens and bathrooms. For the first time ever, when off-site built homes are constructed with these features, they can qualify for the MH Advantage ® program and appraise similarly to site-built housing.

“Off-site built homes are a smart, attainable alternative to the site-built housing market which is suffering from rising home prices and inventory shortages.

This ground-breaking program offers a specialized mortgage option for homes constructed inside building facilities using the efficient production line method,” said Josh Moffitt, president of Silverton Mortgage.

“We are excited for the MH Advantage ® program’s ability to help more people find an affordable path to homeownership with low interest rates and down payments for this high-quality, innovative housing option.” To view the multimedia release go to: https://www.multivu.com/players/English/8481352-silverton-mortgage-launch-its-mh-advantage-program-by-fannie-mae/

0
shares
ShareTweetSavePostSend
 

You Might Like


Recent related videos from verified sources

Army Vet Given Wheelchair Accessible House [Video]Army Vet Given Wheelchair Accessible House

An Army veteran and his family were given keys to a new home that will finally allow them to live comfortably. Sergeant Michael Gower was chosen by Homes For Our Troops to get the new home built thanks..

Credit: WXMI     Duration: 01:57Published

Camp Fire survivor receives tiny house [Video]Camp Fire survivor receives tiny house

Pamela Lyons lost her home in the Camp Fire, but now has a new tiny house thanks to the organization "Tiny Homes for Camp Fire Survivors."

Credit: KHSLPublished

Fire survivor gets new home [Video]Fire survivor gets new home

Camp Fire survivor Pamela Lyons received a new tiny home thanks to the non-profit organization "Tiny Homes for Camp Fire Survivors."

Credit: KHSLPublished

Study: Cheaper to buy than rent in Chula Vista [Video]Study: Cheaper to buy than rent in Chula Vista

Two new studies say San Diego county is among the worst places to buy a home, while one study states it's cheaper to buy than rent in Chula Vista.

Credit: ABC 10 News | San Diego     Duration: 01:53Published

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2019 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? FeedbackSend us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest
One News® is a registered trademark of One News Page Ltd.