Ownership: Similar to manufactured homes, mobile homes can be located on leased or privately owned land.However, most mobile homes tend to stay in one location for the majority of their lifespan. Construction: Mobile homes are constructed on a movable chassis, allowing them to be moved after initial placement.This lack of regulation can affect the quality, safety, and durability of these homes. Regulation: Because they were factory built before June 15, 1976, mobile homes were not subjected to the strict safety and construction standards that modern manufactured homes adhere to.Even though the words are often used interchangeably, knowing what makes these homes different will help you tell the difference. Mobile homes, a term often used interchangeably with manufactured homes, primarily refer to homes built before the HUD Code came into effect in 1976. ![]() We explore these requirements in more detail below. If the home can’t clear a few more qualifying hurdles, you may need an alternative form of financing. But even if the manufactured home you’re buying was built to HUD’s standards, it may not qualify for a traditional mortgage. ![]() Manufactured homes built to HUD’s safety standards usually have a “HUD tag” attached to them.
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