. ▁ ▁Some ▁financial ▁institutions ▁may ▁be ▁hes it ant ▁to ▁offer ▁a ▁loan ▁for ▁a ▁mod ular ▁home . ▁ ▁Market ▁accept ance ▁ ▁Some ▁home ▁buy ers ▁and ▁some ▁l ending ▁institutions ▁resist ▁consideration ▁of ▁mod ular ▁homes ▁as ▁equivalent ▁in ▁value ▁to ▁site - built ▁homes . ▁While ▁the ▁homes ▁themselves ▁may ▁be ▁of ▁equivalent ▁quality , ▁ent rench ed ▁z oning ▁reg ulations ▁and ▁psych ological ▁market place ▁factors ▁may ▁create ▁hur d les ▁for ▁buy ers ▁or ▁build ers ▁of ▁mod ular ▁homes ▁and ▁should ▁be ▁considered ▁as ▁part ▁of ▁the ▁decision - making ▁process ▁when ▁expl oring ▁this ▁type ▁of ▁home ▁as ▁a ▁living ▁and / or ▁invest ment ▁option . ▁In ▁the ▁UK ▁and ▁Australia , ▁mod ular ▁homes ▁have ▁become ▁accepted ▁in ▁some ▁regional ▁areas ; ▁however , ▁they ▁are ▁not ▁commonly ▁built ▁in ▁major ▁cities . ▁Mod ular ▁homes ▁are ▁becoming ▁increasing ly ▁common ▁in ▁Japanese ▁urban ▁areas , ▁due ▁to ▁improvements ▁in ▁design ▁and ▁quality , ▁speed ▁and ▁compact ness ▁of ▁on site ▁assembly , ▁as ▁well ▁as ▁due ▁to ▁lower ing ▁costs ▁and ▁ease ▁of ▁repair ▁after ▁earth qu akes . ▁Rec ent ▁innov ations ▁allow ▁mod ular ▁buildings ▁to ▁be ▁ind ist ingu ish able ▁from ▁site - built ▁structures . ▁Sur ve ys ▁have ▁shown ▁that ▁individuals ▁can ▁rarely ▁tell ▁the ▁difference ▁between ▁a ▁mod ular ▁home ▁and ▁a ▁site - built ▁home . ▁ ▁Mod ular ▁homes ▁vs . ▁mobile ▁homes ▁D iffer ences ▁include ▁the ▁building ▁codes ▁that