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 means 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

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.
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.
Privacy to the extent permitted by law is covered by VA System of Records Loan Guaranty Home, Condominium and Manufactured Home Loan Applicant Records Specially Adapted Housing Applicants Records, and Vendee Loan Applicant Records – VA (55VA26) are contained in the Privacy Act Issuances, 2014 Compilation.
Mobile Manufactured Home Loan Program Application” with applicable information for all borrowers.
VA will not disclose information collected on this form to any source other than what has been authorized under the Privacy Act of 1974 or Title 38, Code of Federal Regulations 1.576 for routine uses identified in the VA system of records, 55VA26, Loan Guaranty Home, Condominium and Manufactured Home Loan Applicant Records, Specially Adapted Housing Applicant Records, and Vendee Loan Applicants Records – VA, and published in the Federal Register.

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 a Mortgage Loan that is secured by a Mortgage on residential real estate improved with a Manufactured Home.

Manufactured Home Loan. A Mortgage Loan secured by property upon which the primary dwelling is a Manufactured Home.

Manufactured Home Loan means, any mortgage loan secured by a first lien, with respect to which the Mortgaged Property is a unit of new, pre-owned, or used housing consisting of a permanently affixed pre-manufactured home unit, which is treated as real estate under any Requirement of Law, including all accessions thereto and that includes the real property on which it is located, securing the indebtedness of the Mortgagor under the related mortgage loan and such mortgage loan conforms with the applicable Agency guidelines regarding mortgage loans related to manufactured dwellings.