Manufactured Home Financing

On November 2, the FHA released a mortgage letter (ML) updating the sales comparison approach for manufactured homes. The update to the FHA’s rule affects how real estate appraisers will now [...]

Updated requirements for valuation of manufactured homes contribute to FHA’s efforts to increase the availability and affordability of manufactured housing as part of the Biden-Harris Housing [...]

Financing for manufactured homes considered as chattel should be made available through the U.S. Department of Agriculture Rural Housing Service (RHS) program, a joint letter from mortgage and [...]

Yes, VA loans can be used to purchase a new or preowned manufactured home or a mobile home. The Department of Veterans Affairs guarantees VA loans, which features competitive interest rates, no [...]

June 2023 Manufactured Shipment and Production Reports Source: MHI – MHI’s recently released Economic Report includes both shipment and production tallies for June 2023. Cumulative [...]

The following are brief descriptive capsules of the most preferred loan types available to manufactured home purchasers, as well as other financing programs that may or may not serve the interest [...]

The following contains excerpts from an online posting by FORBES Advisor (Personal Finance) – June 09, 2023 Whether you’re buying your first or fifth traditional home or a [...]

Rising interest rates and construction costs, along with demand for more affordable options, pushed new home builders to shift focus, according to recent analysis by The Center Square, reported [...]

The following contains excerpts from A Freddie Mac generated post: Single-Family / August 21, 2023  Freddie Mac’s Duty to Serve Plan is our road map for identifying challenges in undeserved [...]

In 2017-18 Fannie Mae engaged with manufactured home producers to develop MH Advantage to offer a new affordable housing option. MH Advantage properties are built to meet specific construction, [...]