Manufactured Housing

Frequently Asked Questions

Get answers to frequently asked questions.


Manufactured housing (MH) is an increasingly important segment of affordable housing and an exciting homeownership opportunity for borrowers who might think they’re unable to purchase a home. Fannie Mae is active in MH, purchasing eligible MH loans and providing new financing options through MH Advantage. We’ve compiled some of our most common questions below.

What items are allowed to be included in the sales price for a manufactured home? 
Does Fannie Mae require all MH loans to be secured by a single lien on the land and manufactured home together? 
What is MH Advantage and how is it different from Fannie Mae standard manufactured housing guidelines? 
May borrowers count trade-in equity toward the down payment requirement? 
Can borrowers refinance MH Advantage loans and still access the MH Advantage flexibilities? 

Still have questions?

See the full list of Frequently Asked Questions.