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WHILE there are scores of modular home manufacturers for consumers to choose among, the same cannot be said for modular home lenders.
"The man who owns the lot next door says now he wants a modular home".
"Twenty years ago, the modular home industry probably deserved its 'cookie cutter' reputation," said Fred Hallahan, principal of Hallahan Associates, a Baltimore-based consultant to the modular home industry.
"There are a number of things to keep in mind when you're designing a modular home," Mr. Shuey said.
"There are builders and then there are builders," Mr. Shuey said, "and you can't build everything as a modular home".
She'd moved in with him, into his modular home on the windswept bench on the west side of the river.
With a modular home, however, the house cannot be used as collateral for a mortgage until it is attached to the foundation.
In some cases, Mr. Hallahan said, a builder will customize the modular home by "stick building" decks, porches, garages or breezeways.
The Lockwoods contacted the company, which suggested they see Bill Gallagher, the owner of Gallagher's, modular home builders in Spring Lake Heights, N.J.
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He started his third business, a modular-home company.
With capital from one of mkDesigns's partners, the company bought a modular-home factory in Seattle that was rapidly reconfigured to put out 14 homes a year.
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