RC_LP_U_309.2 Fannie Mae Guidelines for Manufactured Homes
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| Option | Price |
| Member | $50.00 |
| Non-Member | $100.00 |
Fannie Mae Guidelines for Manufactured Homes reviews Fannie Mae's credit and collateral underwriting guidelines along with Desktop Underwriter (DU) criteria for loans secured by a manufactured home.
The course begins with a discussion of property eligibility criteria. Next, it addresses equity requirements for loans secured by manufactured housing. It then presents underwriting considerations. The course goes on to address loan transaction requirements and data entry requirements for DU. Toward the end of the course, collateral review and appraisal report criteria are reviewed. The course then examines the MH Advantage program and, finally, the course ends with two case studies that give learners the opportunity to apply Fannie Mae guidelines to realistic scenarios.
This is a single-family/residential course.
Topics:
Seat time approximately 1 hour.
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