Does fannie mae lend on manufactured homes?

Fannie Mae invests in prefabricated housing (MH) loans to fulfill its mission to expand affordable housing by providing liquidity to a segment of the market that is crucial for many Americans. MH offers a low-cost alternative to site-built housing for millions of American homes, especially in rural and high-cost areas. The prefab home must be at least 12 feet wide and have a minimum of 400 square feet of gross living area. The federal prefabricated housing construction and safety regulations that were established on June 15, 1976, as amended and in effect at the time the home was manufactured; and The loan must be secured by both the prefabricated home and the land on which it is located, and both the prefabricated home and the land must be legally classified as real estate under applicable state legislation.

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