FAQ – Frequently Asked Questions

Home About Us FAQ – Frequently Asked Questions

FAQ’s – Frequently Asked Questions

There are many questions surrounding the purchase of a new home and, here, on the Frequently Asked Questions page we try to answer some of the most frequently asked ones. 

Frequently asked modular home questions

Where is land available?

We have three full-time real estate brokers on staff that will be able to find land anywhere in Central Texas. If you’re interested in a manufactured community, Village Homes had built one in Bastrop County called Forister Ranch with beautiful one-acre lots that has sold out. And yet another mobile home community called Great Hills in Buda. Another one is always in our development plans and we announce those on our home and land packages page

Do I have to buy land when I buy my new modular, manufactured home?

No, you don’t have to buy land with your home. You can buy just the home or a home with land. Some people put a new manufactured home on their own land.

Since we have real estate brokers on site, we can find you the land, if you need it. But, it it’s not required to buy land when you buy at Village Home. It’s your decision.

How soon can I move in?

Is seven days or less fast enough? Well, that used to be the answer. Since COVID, things have changed. Please contact a Home Consultant for an estimated delivery date. But the delivery time frame does change based on how fast you want to move, the weather, if you purchase an in stock home or custom order, and financing. We have seen people buy, close and move in as little as four days pre-COVID.

Is a down payment required?

It’s different for each individual or family. At Village Homes we offer many different financing options. Most lenders require a minimum down payment of 5 percent but we have down payments starting at zero down depending on which loan program you’re approved for. To get specifics for your family, fill out a contact us form for an appointment. We can’t wait to help you get into your dream home!

I have a low credit score, do I have any financing options for me?

At Village Homes you are more than just a credit score. Our experience has taught us that bad circumstances happen to the best of people therefore, we offer many financing options to our customers. In addition to traditional financing, we also offer in-house financing (2nd Chance Financing). We take into consideration your job, rent history, and a reasonable down payment in order to get you qualified. Set up an appointment with one of our on-site Home Consultants to design a home just for your family. Take the next step today to move into your new home, fill out the contact us form, to set up your VIP Financing appointment.

How much income do I need to have in order to buy a home?

Forty-three percent of your income can go to housing, credit cards, cars, and other bills. Check out the green colored mortgage calculator, found on the right hand side of our website, to run some numbers yourself. Or, try the 21st Century Mortgage Estimator.

Can my monthly payments be adjusted seasonally as my income varies at different times throughout the year?

Yes, it’s possible to adjust your monthly payments depending on individual requirements. Over the last 30 years, Village Homes has helped thousands of people find a payment plan that’s right for them. Fill out the contact us form, or call for an appointment to meet with our financial staff to discuss your unique requirements. Don’t worry. We’ll help you find the right solution for your family.

What other requirements factor into buying a home?

Besides your credit score, steady work history, work in the same field, and assets, are all major items.

What are your hours?

We are open from 10 a.m. to 7 p.m. Monday thru Saturday and from 12pm to 5 p.m. on Sunday.