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Glossary of Mobile Home Terms
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Park-Model Homes

A park model home is typically 14' or narrower and 40' or shorter and less than 600 square feet. It is not built to either HUD building code or to any site building or modular code. Park models are not modular homes, they are not manufactured homes, and they are not trailers. They are a breed of their own.

 

While they can be permanently installed on land or located on a leased lot, their big draw back is that they cannot be easily financed because they are not eligible for Fannie Mae, Freddie Mac, FHA, or even conventional mobile home type loans due to the differing constuction standards.


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