Residential Homes: Obtaining The Dream of Affordable Homeownership

Many people feel that owning a home is impossible. High property costs combined with inflation can make adding a mortgage difficult.[1] Modular and manufactured homes are affordable options for people looking for residential homes on a tighter budget. By harnessing the power of factory-built homes, Fruition has lowered the barrier-of-entry into homeownership.

Our Commitment to Quality and Affordability

At Fruition, we build affordable, high-quality communities and homes. We believe that you should be able to have a beautiful, modern home at a price that fits your budget. We don’t sacrifice the quality and beauty of our properties to make housing more attainable. We offer both quality homes and affordable prices every time.

As part of our focus on building a strong community, we build houses alongside the infrastructure needed to support them. We focus on water and utility systems that will service the immediate needs of residents as well as the future of the community as it grows. This means we leave behind resilient, sustainable communities that can survive for the long term.

Fruition Homes: Features and Benefits

How can we offer both quality homes and affordability for home buyers? The answer lies in the factory-built homes that make up our modular and manufactured home communities.

Factory-built homes are built almost entirely within a factory. This process is faster, more cost-effective, and limits the number of delays due to weather and other issues. Modern innovations have upgraded the process of building and designing these homes to make them an attractive option for new buyers.[2]

Whether you choose manufactured or modular, when you choose a Fruition Communities home, you get a property with modern designs, customization options, and exceptional quality. We have quality and safety checks throughout manufacturing to ensure the final home is stunning and well-made.

Our homes are factory-built, also known as modular or manufactured homes. Sections of the home are built in a factory environment and the home is then built on-site safely and efficiently. This allows the homes to be more affordable than traditional homes without sacrificing the quality of the construction or any modern amenities.

Steps to Homeownership with Fruition

Taking the plunge and becoming a homeowner is an exciting but nerve-wracking process. That’s why we offer guidance and financing to ensure you can enjoy your new home and help you easily understand the process. Here are some of the ways our team can help:

First-Time Homebuyer Guidance: We offer instructional programming to teach you the terms you need to know, financing options, and how to best start the process. We will help you through budgeting, credit scores, and income verification as you learn about getting your first mortgage.
Pre-approval Process: Fruition will help you get pre-approved for your home loan through one of our lending partners. If you have a concern, like an issue with your credit, we will help you fix it so you can qualify for good financing terms. With pre-approval, buying your home gets significantly easier and faster.
Down Payment Assistance Programs: For many first-time homeowners, getting enough money together for a down payment is difficult since they lack a home from which to pull equity. We offer help connecting home buyers with down payment assistance programs to help you get the money for a down payment.
Rent-to-Own Your Fruition Home: With our rent-to-own program, new homeowners start as renters. Each month, when you pay your monthly rent, part of it goes toward purchasing the home. Eventually, you can use the equity you have built to transform your rent into a mortgage, staying in the home you love. Our team will help you decide if rent-to-own is the right option for you to buy one of our affordable modular homes

Financing Options

You have various lending options when you shop for affordable manufactured homes from Fruition. From in-house financing to partner lender financing, we will help you find the right loan for your needs. Our goal is to help people along the way so they can enjoy the benefits of homeownership. Here are some of the options available:

Fruition’s Affordable Home Loans: Fruition is about building communities, and to achieve that goal, we offer home loans in-house. These are affordable loan options for qualified buyers interested in one of our modern manufactured homes.
Partnering Lenders: Several partnering lenders work directly with our home buyers to help them find the right loan option. If you want a loan type we do not offer; this could be the best way to get into a home with affordable financing.

Whether you finance through us or one of our excellent partners, you can find affordable financing that fits your current budget, and we will help you every step of the way.

Sustainable and Energy-Efficient Housing

Affordability in housing refers to more than just the purchase price of a home, though that’s important. It also refers to the long-term effects of that home. Fruition Communities is a sustainable home developer.

Our manufactured and modular homes save resources with our factory-build model. We also weave energy-efficient finishes throughout each home. Finally, we work with the communities where we build to create the infrastructure necessary to conserve water and other resources. These opportunities add to long-term resource savings for the communities where Fruition builds.

Community Development Initiatives

The Fruition vision isn’t just about homes, it’s about community. We work with local city leadership to develop communities with all the features and amenities their residents need. Whether that is parkland and green space, shopping centers, or employment opportunities, our community development initiatives raise the lifestyle of the people who call a Fruition property home.

Contact Us To Get Started

Homeownership is closer than you think, and our manufactured and modular homes can be the solution to reaching your dream. If you are ready to start, see our current projects to find a Fruition community in your area. You can also contact our team to discuss available properties, our rent-to-own process, and our financing options. We look forward to welcoming you to the community.

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Frequently Asked Questions

Are manufactured homes a good investment?

Modern manufactured homes are beautiful properties with comparable stability to a traditional home, making it a good investment. They can often be a stepping stone for first-time buyers to build equity and move away from renting.

How long does it take to build a modular home?

The time it takes to build a modular home depends on the complexity of the property, but the average time frame is between 60 and 120 days.

What makes Fruition homes affordable?

Fruition's modular and manufactured home communities use the factory-build process to save time and money. By building part or all of the home in a factory setting and finishing it on-site, we significantly lower the property's cost.

How does Fruition maintain quality while keeping prices low?

Fruition Communities' manufactured home process includes multiple quality checks. We constantly double-check and triple-check to ensure everything meets our high-quality standards.