Get the ADVANTAGE on Affordable Homeownership with Silverton Mortgage
Millions of people across America are in need of both affordable housing AND flexible financing. As a result, Silverton offers a comprehensive loan option for CrossMod™ manufactured homes: MH Advantage®.
MH Advantage® Loans offer:
- Low down payment options, meaning less money required up front and more money in your pocket.
- Low monthly payments and reduced interest rates compared to most standard loans for manufactured homes.
- The ability to combine HomeReady®, HFA Preferred™, and other mortgage programs without being tied to any one specific program.
Interested in learning more? Let’s start a conversation.
CrossMod™ Homes: The Future of Homeownership
In response to the growing gap in affordable homes, a new class of houses was created by the manufactured home industry. A hybrid between manufactured and site-built homes, the CrossMod™ is a smart alternative to traditional housing at an accessible price point. The homes can finance and appraise similarly to traditional site-built homes, providing the potential for increased equity and resale value in the long term.
- Permanent foundation
- Covered porch, garage or carport
- An elevated roof pitch to improve curb appeal
- Interiors that feature drywall
- Kitchens and bathrooms with upgraded cabinets
- Energy efficient standards and features
All loans subject to credit approval.
CrossMod™ is the trademark of the Manufactured Housing Institute
MH Advantage®, HomeReady®, and HFA Preferred™ are the trademarks of Federal National Mortgage Association