This topic contains information about manufactured housing, including:
An LLPA applies to all mortgages secured by manufactured homes that do not meet the MH Advantage requirements, whether delivered to Fannie Mae for whole loan purchase or MBS issuance. These LLPAs are in addition to any other price adjustments that are otherwise applicable to the particular transaction. For the current LLPAs, see the Loan-Level Price Adjustment (LLPA) Matrix.
For mortgage insurance coverage requirements, see B7-1-02, Mortgage Insurance Coverage Requirements.
The following table describes the requirements for delivery of certain data elements that are applicable to manufactured homes.
|Manufactured Home Type||Construction Method Type (Sort ID 51)||Manufactured Home Width Type (Sort ID 33)||Special Feature Code(s)|
|Single-width||Manufactured||SingleWide||235 and 791|
|MH Advantage||MultiWide||235 and 859|