Manufactured Home Loan. A Conventional Conforming Mortgage Loan or Government Mortgage Loan secured by a manufactured home (as defined by HUD) provided that (a) such manufactured home is attached to a permanent foundation, is no longer transportable (mobile homes) and is considered and treated as “real estate” under applicable law, (b) such manufactured home is originated in compliance with Title II under FHA 203(b) and (c) such Conventional Conforming Mortgage Loan or Government Mortgage Loan is eligible for securitization by an Agency pursuant to the terms of the applicable Agency Guides.

Manufactured Home Loan. A Conforming Mortgage Loan, FHA Loan or VA Loan secured by a manufactured home (as defined by the United States Department of Housing and Urban Development) provided that (a) such manufactured home is attached to a permanent foundation and is no longer transportable and (b) such Conforming Mortgage Loan, FHA Loan or VA Loan is eligible for securitization by an Agency pursuant to the terms of the applicable Agency Guide.

Manufactured Home Loan means a Mortgage Loan secured by a prefabricated or manufactured home which is considered and treated as “real estate” under applicable law.

Examples of Manufactured Home Loan in a sentence

VA Form 26-8630, Manufactured Home Loan Claim Under Loan Guaranty-(Manufactured Home Unit and Lot or Lot Only).
United States Government Accountability Office, Report to Congressional Requesters, “FEDERAL HOUSING ADMINISTRATION–Agency Should Assess the Effects of Proposed Changes to the Manufactured Home Loan Program,” GAO-07-879, at 5 (Aug.
A valuation in compliance with§ 226.43(b)(8)(ii)(C) would include, for example, an appraisal of the manufactured home in accordance with the appraisal requirements for a manufactured home classified as personal property under the Title I Manufactured Home Loan Insurance Program of the U.S. Department of Housing and Urban Development, pursuant to section 2(b)(10) of the National Housing Act, 12U.S.C. 1703(b)(10).* * * * *43(f)(2) Timing* * * * *2.
Connecticut’s Mobile Manufactured Home Loan Program provides financing for 70% of the purchase price or appraised value for homes located in one of the state’s licensed communities.
Manufactured Home Loan Insurance Program of the U.S. Department of Housing and Urban Development, pursuant to section 2(b)(10) of the National Housing Act, 12U.S.C. 1703(b)(10).* * * * *Dated: December 10, 2013.

More Definitions of Manufactured Home Loan

Manufactured Home Loan means a Mortgage Loan (a) secured by property upon which the primary dwelling is a Manufactured Home, (b) underwritten in accordance with the Underwriting Guidelines; and (c) eligible for purchase by an Agency.

Manufactured Home Loan. Any Mortgage Loan which is secured by a first lien on real estate to which a Manufactured Home has been permanently affixed.

Manufactured Home Loan means an Agency Eligible Loan secured by a Manufactured Home provided that (a) such Manufactured Home is attached to a permanent foundation or affixed to the land, is no longer transportable (mobile homes) and is considered and treated as “real estate” under applicable law, (b) such Manufactured Home is originated in compliance with Title II under FHA 203(b) and (c) such Agency Eligible Loan is eligible for securitization by an Agency pursuant to the terms of the applicable Agency Guidelines.

Manufactured Home Loan means an Agency Eligible Loan that is secured by real property improved by manufactured housing.

Manufactured Home Loan means a loan, the proceeds of which were used by the Borrower primarily for the purposes of financing the acquisition or refinancing of a Manufactured Home, but excluding any such loan whereby the related security interest was created pursuant to a mortgage. Unless otherwise clearly indicated by the context, Manufactured Home Loan shall be deemed to refer to the related REO Loan and REO Property.

Manufactured Home Loan. “Graduated Payment Loan,” “Buydown Loan,” “Project Loan,” “Construction Loan” or “HECM Loan,” each as defined in the applicable Agency Guide, (ii) a 30+ Day Delinquent Mortgage Loan, (iii) a Mortgage Loan for which the related Escrow Payments have not been made by the next succeeding Due Date, or (iv) a High Cost Mortgage Loan.3644 3543 The definition of “Repurchase Price” was amended by Amendment No. 1, dated as of September 24, 2021. 3644 The definition of “Restricted Mortgage Loan” was amended by Amendment No. 1, dated as of September 24, 2021. 45 The definition of “Sanctions Lists” was added by Amendment No. 2, dated as of April 28, 2022.