Per the Freddie Mac news release. This opens the door for obtaining loans with realistic interest rates to those who may not be able to afford a traditional home. The next step is getting through the prohibitive park approvals... Freddie Mac (OTCQB: FMCC) today announced CHOICEHomeSM conventional financing for manufactured housing to help increase the availability of the quality affordable homes that borrowers want, while providing lenders with the innovative financing options they need. Today’s manufactured homes can deliver outstanding quality at prices that are up to 50 percent less per square foot than conventional site-built homes. These savings can enable more Americans to own their own home, even in the face of an ever-widening housing affordability gap. “Finding a home is more difficult than ever because of the ongoing housing supply shortage in many parts of the country, especially when looking for a home at a lower price point,” said Mike Dawson, vice president of Single
