Frequently Asked Questions
Our Frequently Asked Questions page answers the most common questions about our modular homes. Do you want to build a modular home in California? Most of your questions will be answered here. If your question is not on the list, please contact us.
A Modular Home, also called a Prefab Home and officially known in California as “Factory Built Housing”, is built in a factory to the same state and local building codes as homes built on- site. The home is then carried in sections on special trucks to the building site where a licensed specialty “set crew” using a crane or sophisticated rolling equipment places it on a regular concrete foundation, and a licensed contractor completes the home. Once we deliver the home, it is finished according to the California Building Code and with architectural details so that it looks like and is the same as a “traditional” stick-built home. Find more modular construction information here.
Our standard modular homes retail for a minimum of about $150.00 Per Square Foot (“PSF”) delivered including sales tax. Modular homes generally cost 5% to 20% less than a comparable finished home built on-site in most areas of California, but we think that the biggest benefit is in faster building and a modular being a better method of construction.
As a home gets larger the cost PSF gets lower. The cost PSF will increase incrementally when homes get smaller as the construction cost-efficiency is reduced relative to the home size.
We recommend budgeting no less than $35.00-$50.00 Per Square Foot for the on-site work for the vertical construction to build the foundation and to close up & complete the modular home. Site development costs like grading & utilities as well as city fees are additional and not something that we can estimate.
Once you have plans in place a licensed General Contractor can provide you directly with an estimate for the on-site work. Cutting Edge Homes is not a construction company and doesn’t estimate or perform on-site work.
While our modular homes are normally less expensive than site-built homes, the homes will not be as cheap as a manufactured or mobile homes, as our quality standards are much higher and the cost is more. We typically tell our clients that if they can’t afford a minimum of $185.00-$195.00 per square foot for their vertical construction costs (hard costs from the foundation up on a level lot), they probably cannot afford our more value-conscious modular homes. Because there are no differences in the appraisal guidelines or a required disclosure, there is no good reason that a modular home has to be less expensive than a site-built home.
For our Cape Cod homes we upgrade the roof to a steeper pitch and use a different roof truss to create the open attic area. This can be built out as livable space on-site, and we hope to offer the option of the second story being built in the factory in the near future. Cape Cod homes are some of the best values that we offer at Cutting Edge Homes.
If you would like to find out more about the pricing for a specific plan please sign up for more information on our Contact Us form and we will provide the pricing information to you directly.
Pick a Stock Plan that is in our CAD / computer drawing system and you will get a cash discount. Stock Plans can be engineered for your site faster than a new custom plan. Selecting from these plans is one of the few ways you can simplify the building process, and we pass on the savings to you. Building with Cutting Edge is already easier than your other choices but building in California can be complicated. We encourage our clients to consider ways to make it easier, faster, and more economical.
Using a plan where someone has already put in the money, time, and effort to get it drawn up will simplify the process and have you living inside of your new home much more quickly… with a few extra thousand dollars in your pocket. These specials apply to modular homes built in California only.
We only sell real homes, known as “Single Family Residences.” All of our homes are built to the California Residential Code, the State of California’s code for real homes. We don’t sell any mobile homes or manufactured homes, so please don’t worry! We are using an advanced way of building homes, not building trailers. These are regular homes built in components in the factory and assembled on-site, but become indistinguishable from conventionally-built homes when completed. The financing is the same type of construction or permanent financing that you get with any other home. Your home will appraise like a similar stick-built home on a similar lot with similar amenities, not like manufactured housing.
Please don’t take just our word for it. The Federal National Mortgage Association (FNMA), or “Fannie Mae,” provides liquidity, stability and affordability to the mortgage market. Its purpose is to create a secondary market for the purchase and sale of mortgages, so it is the most credible source that you can go to about the sale and financing of modular homes. Please see the Fannie Mae “Selling Guide: Factory-Built Housing: Modular, Prefabricated, Panelized, or Sectional Housing” here.
You can call all of the big banks and try to get a loan set up, but they are normally poor lenders for construction loans. We have worked with plenty of lenders over the years. Lenders come and go in the construction loan business, but the following companies will do a great job for you and they clearly understand what a modular home is.
Our lending partners will integrate your loan seamlessly with your project and give you the same rates as stick-built construction financing.
It is generally not possible to close a construction loan without first spending considerable time, resources, and effort on your project. This is based upon the lengthy timelines for a building project, likely permitting delays, and the uniqueness of each project. A construction project typically requires that you at least have already purchased the land, paid to prepare engineered plans specific to your project, have submitted to the local jurisdiction and obtained planning approval and building permits. When those items are completed, your project costing can be finalized by the General Contractor (others). The lender will then review your application for outstanding items so you can close your construction loan. We understand not all clients are familiar with or excited about the time and investment required to build a new home in California. We like to prepare our clients for reality and do not want to sugar-coat this process as it can be trying even for a sturdy person.
Important Note: Our pricing lists provide model specific prices for cash buyers of our homes. Additional short term financing costs will apply when a lender’s payment schedule differs from the factory’s.
On Q Financial
(949) 566-8351 – Office
(760) 419-7337 – Cell
Offers a Variety of Modular Construction Loans, including Conventional, VA, & FHA.