Build for Less!

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Estimated Installation Cost: NOTE This is a price guide only. Actual costs will vary depending on specific site conditions and by region

The estimated installation cost includes the following*:

Setting the home that you selected onto your foundation or building pad (This assumes normal lot conditions and does not include any extra costs to maneuver the home to your building site or any crane rental fees)
Installing blocking or piers under the home and levelling the home with shims
Anchoring the home to your foundation with tornado and/or hurricane proof anchors
Insulating the marriage line and bolting the various sections of your home together at both the floor and roof lines (if there is more than one section)
Finishing roof venting and ridge cap shingles
Installing siding on the ends with house wrap (if you selected the house wrap option with your home order)
Installing soffit and fascia on the ends of the home for the complete exterior finish
Estimates to hook up to existing utilities (you will have to add the cost of a new septic, well, electrical service, and also driveway and etc as needed on your site)
Estimate to complete the inside trim and finish work

Notes:

Add for concrete If a concrete foundation (slab or crawl space) is required, add an estimate of $10 per Sq Ft of home to this price guide (if you don't have an actual quote)

Add for skirting (Not needed if home is on a crawl space)

Add for A/C if not an option included by your manufacturer

Typical Investor funded projects

EXAMPLE # 1

Project Cost $160,000

    Includes Land (40,000) + Home (90,000) + Home Installation (30.000)

LESS Buyer Down Payment (20,000)

Balance 140,000

Management fee (10% of balance) 14,000

Investor capital (70% of balance = 61% LTV) 98,000

Home Nation capital (30% of balance) 42,000

Net to Investor at Buyer’s loan closing in

approximately 90 - 120 days

(50% of Management fee) $7,000

EXAMPLE #2

Project Cost(See VA loan pre approval here) 267,000

Less Buyer down payment (1,000)

Management fee(@10%) 26,000

Investor capital (@70% = 63% LTV) 187,000

Home Nation capital (@30%) 80,000

Net to Investor at loan closing in

approximately 90 - 120 days

(50% of Management fee) $13,350

Preapproval - Home Nation

The HOME NATION New Home Process

We are excited to offer you a hassle free process to help you get approved and begin your new Home Buying experience.

Our New Home Buyer Pre-Approval and Assistance program costs you nothing to get started, and engages our entire Home Nation team to go to work for you! Simply fill out our EZ app here to get going: https://homenation.com/financing-form

ONCE you are pre-approved our team will give you 1. A preliminary Home budget 2. A preliminary Project budget and 3. A Lender to work with you.

You then have the option to hire us to go deeper into your project and research your site to get solid quotes for your lender, or you can do this for yourself.

Here's what we will do for you:

LOAN: If you need financing we will get you prequalified with lenders that specialize in the manufactured and modular housing industry. Our Finance Department is here to help you through this process.

HOME: We will work with you to locate a home that will fit your budget & lifestyle out of the hundreds of floor plans we have available. Our Home Specialists will help you with the home and options.

BUDGET: Our Construction Department works with your Project Manager to conduct a full site assessment of all the costs that you need to complete your project. We submit this budget to your lender for funding approval. You may hire us to do this site assessment or do it for yourself for free. The total cost is $1,500 - with just $750 up front - and here is what we do for that. As soon as you are approved, we order the home from the factory.

(PS. Don't have a lot? See our advice below)

BUILD: Our expert construction consultants will guide you through every step of the installation process. We are just a phone call away! AND where available we will set the home on your foundation, then you ‘Just Add Water’ …(I.E. Simply schedule the utilities to be connected) See what is included in a typical installation here.

We call this the “Loan, Home, Budget & Build” process. This simple process guarantees you the best price anywhere for a factory built home installed on your lot!

Welcome to the Home Nation Family!

*If you don't have a lot, here's what to do:

Make an offer on a lot that you would like to buy, but make sure you add to your offer the following statement "This offer is being made subject to obtaining financing for a new home from Home Nation"

THEN bring us a copy of the offer and we will submit the combined package of this lot + the home that you like to a Lender for a construction loan approval.

Call our Finance department if you need help to fill out an 'Offer to Purchase'